The scheme might be relevant to “pending functions in respect of which the applicant has not exercised the choice below sub-section (1) of Part 245M of the Act and which has been allotted or transferred by Central Board of Direct Taxes to an interim board”, CBDT mentioned.
The proceedings earlier than the interim board shall not be open to the general public. No individual aside from the applicant, their worker, and anxious officers of the interim board or the income-tax authority or the authorised representatives, with out the permission of the interim board, can attend the proceedings even on videoconferencing or video telephony.
CBDT shall set up appropriate services for videoconferencing together with telecommunication software software program that helps video telephony at such areas as could also be vital, it mentioned within the notification.
The board had in September allowed eligible taxpayers to file their income-tax settlement claims earlier than the Interim Board for Settlement on sure situations.
The aid was given to taxpayers who had been eligible to file software as on January 31, 2021, however couldn’t file the identical resulting from cessation of Revenue Tax Settlement Fee as per the Finance Act 2021, and had been therefore permitted to submit the functions by September 30, 2021 earlier than the interim board.
CBDT had mentioned an assessee ought to have been eligible to file software for settlement on January 31, 2021 for the evaluation years for which the applying is sought to be filed and all related evaluation proceedings of the assessee stay pending as on the date of submitting the applying for settlement.
The board mentioned such functions, if discovered legitimate, might be deemed as “pending functions” and won’t be allowed to be withdrawn.