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![New Income Tax Faceless Assessment starts from Today: All You Need to Know [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/09/Income-Tax-Faceless-Assessment-Taxscan.jpg "New Income Tax Faceless Assessment starts from Today: All You Need to Know [Read Notification]")
New Income Tax Faceless Assessment starts from Today: All You Need to Know [Read Notification]
The income-tax appeals are all set to go faceless from September 25, 2020, months after income tax faceless assessment was unveiled by Prime Minister...
![Central Govt violated GST Compensation Cess Act by using Funds allocated for States elsewhere, says CAG Report [Read Report]](https://www.taxscan.in/wp-content/uploads/2020/09/GST-CAG-GST-Compensation-Cess-Act-GST-Compensation-Taxscan.jpg "Central Govt violated GST Compensation Cess Act by using Funds allocated for States elsewhere, says CAG Report [Read Report]")
![CBIC notifies Net Tax Liability to be Considered for Interest on Late GST Payments with effect from Sep 1, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/08/CBIC-Late-GST-payment-tax-liability-Interest-GST-Taxscan.jpg "CBIC notifies Net Tax Liability to be Considered for Interest on Late GST Payments with effect from Sep 1, 2020 [Read Notification]")
Finance Ministry suspends Fresh Initiation of Insolvency Proceedings up to One Year, Debts incurred due to COVID-19 not 'Default' for IBC
The Ministry of Finance has suspended the fresh initiation of insolvency proceedings up to one year depending upon the COVID-19 pandemic situation. The Minister for Finance and Corporate Affairs said...
