President gives assent to the Taxation and Other Laws (Relaxation and Amendment of certain provision

The Taxation and Other Laws (Relaxation and Amendment of certain provisions) Act, 2020, has received the assent of the President. The Act makes necessary amendments and inserts new provisions to enforce all the announcements made in the Ordinance and through press release during the last couple of months. Further, various new provisions have been inserted to enlarge the scope of faceless proceedings.The Taxation and Other Laws (Relaxation and Amendment of certain provisions) Act, 2020, has received the assent of the President. The Act makes necessary amendments and inserts new provisions to enforce all the announcements made in the Ordinance and through press release during the last couple of months. Further, various new provisions have been inserted to enlarge the scope of faceless proceedings.taxmann.com NewsRead More

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