Faceless Assessment Related Articles

Mar - 2022

31

e-Assessment of Income Escaping Assessment Scheme

e-Assessment of Income Escaping Assessment Scheme

e-Assessment of Income Escaping Assessment Scheme The Finance Bill 2022 has proposed to bring reassessment proceedings within the ambit of faceless assessment. In line with the amendment proposed by the Finance Bill 2022, the Central Board of Direct Taxes (CBDT) vide a Notification No. 18/2022 date ...

Mar - 2022

30

Faceless Jurisdiction of Income-tax Authorities Scheme 2022

Faceless Jurisdiction of Income-tax Authorities Scheme 2022

Faceless Jurisdiction of Income-tax Authorities Scheme 2022 Central Board of Direct Taxes (CBDT) vide a Notification No. 15/2022 dated 28th March 2022 notified Faceless Jurisdiction of Income-tax Authorities Scheme 2022 under section 130 of the Income-tax Act, 1962 (‘Act’). The Scheme provides for ...

Dec - 2020

24

CBIC Clarification on Custom Faceless Assessment

CBIC Clarification on Custom Faceless Assessment

CBIC Clarification on Custom Faceless Assessment The Central Board of Indirect Taxes and Customs (CBIC) issued the Clarification on Custom Faceless Assessment vide a notification dated 17.12.2020. To enhance the efficiency of the process involved in Custom Faceless Assessment, this new guideline is ...

Sep - 2020

02

Faceless Assessment Scheme

Faceless Assessment Scheme

Faceless Assessment Scheme E-assessment Scheme 2019 was introduced vide two notifications, i.e. 61/2019 and 62/2019. Recently, on 13th August 2020, the Prime Minister, Shri Narendra Modi launched a new platform ‘Transparent Taxation- Honoring the Honest’. The new platform announces faceless assessm ...

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