Tag: faceless assessment
CASS 2020 Cycle for income tax scrutiny of returns (ITRs) of A.Y. 2019-20 for current year – CASS 2020 Instruction No, 1Â CBDT has finalised Computer Assisted Scrutiny Selection (CASS) 2020 Cycle for income tax returns (ITRs) of A.Y. 2019-20 for the current year. The CBDT has approved …
CBDT has made massive changes in the jurisdiction / authority of Income Tax Officers under Faceless Scheme   (i) Vide Notification No. 23/2021 dated 31.03.2021amendments have been made in the jurisdiction of 4195 number of Income-tax Authorities of Regional Faceless Assessment Centres (the ReFACs). (ii) Vide Notification No. …
82,072 assessment cases completed in faceless manner till 10th March 2021 Recently, the Central Government had introduced Faceless Assessment Scheme for income tax. As a result Income tax assessments are being done in a faceless manner. The Union Minister of State for Finance & Corporate Affairs in a …
CBDT amends E-assessment Scheme 2019 aligns it with procedures for making assessment under Faceless Assessment Scheme MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 7/2021 New Delhi, the 17th February, 2021 S.O. 742(E).—In exercise of the powers conferred by sub-section (3B) of section 143 of …
CBDT amends procedure for making assessment in Faceless Assessment Scheme 2019. Faceless Assessment (1st Amendment) Scheme, 2021 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 6/2021 New Delhi, the 17th February, 2021 S.O. 741(E).—In exercise of the powers conferred by sub-section (3A) of section 143 …
Faceless Penalty Scheme 2021 -Exception where few provisions of the Income Tax Act not applicable to the Scheme For the purposes of giving effect to the Faceless Penalty Scheme 2021 (the Scheme) the CBDT vide Notification No. 03/2021 has made several directions. It has been provided that the …
 Faceless Penalty Scheme 2021 notified by CBDT. Read Procedure in Penalty  Moving one more step in the direction of Faceless Assessment, the CBDT vide Notification No. 02 /2021 has notified the Faceless Penalty Scheme 2021. It has become effective from 13th Januray 2021 Faceless Penalty Scheme …
CBEC issues Clarifications on Custom Faceless Assessment on the Issues raised by Stakeholders Circular No.55/2020-Customs F. No. 450/26/2019-Cus. IV(Pt)Government of IndiaMinistry of FinanceDepartment of Revenue (Central Board of Indirect Taxes & Customs)***** Room No. 227B, North BlockNew Delhi, dated the 17th of December, 2020 Â To,All Principal Chief …
 Opening of Appeal module of ITBA for uploading of physical records for pending appeals which are to be allocated to Faceless Appeal Units DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan ExtensionNew Delhi –110055 ITBA-Faceless Appeals Instruction No –1 F. No. System/ITBA/Instruction/Appeal/160/2020-21  Dated: …
 Faceless Assessment -Measures for timely assessment of Bills of Entry and clarification on defacement of physical documents Circular No. 45/2020-Customs F. No. 450/26/2019-Cus. IV(Pt)Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes & Customs)  Room No.227B, North Block. New Delhi, dated 12th of October, …
