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Income Tax - The first appeals against the Assessment Orders can be filed before the concerned Commissioner of Income Tax (Appeals). The procedures for disposal of these appeals have been changed under the Faceless Appeal Scheme implemented from 25th September 2020. The objective of the scheme after the faceless assessments is to eliminate human inter...
Read MoreIncome Tax - Our focus of the article will be on section 144B of the Income-tax Act, 1961 (Act) which has been introduced with effect from 01.04.2021 and already stands widely litigated before the courts. While the technology was recasting the process of assessment and appellate proceedings over the years, COVID-19 induced lockdown quickened the proce...
Read MoreIncome Tax - NFAC should follow and apply the decision of jurisdictional High Court having jurisdiction over Assessing Officer. Any relief should not be refused to assessee by NFAC merely because there was some conflicting decision of non-jurisdictional High Court....
Read MoreIncome Tax - NEW REASSESSMENT PROCEDURE 1. Introduction: In the film JOLLY LLB, the judge, unforgettably played by actor Saurabh Shukla, in the concluding speech while delivering his judgment says: ‘But I am the judge. who knows what, what I feel, judgment cannot be given on that basis. I HAVE TO GIVE JUDGMENT ON THE BASIS OF EVIDENCE. […]...
Read MoreIncome Tax - Usage of word ‘may’ under Section 144B(7)(vii) of the Income Tax Act, 1961 (IT Act) could not absolve the Revenue (the Respondent) from the obligation cast upon it to consider the request made for grant of personal hearing. Therefore, the assessment order passed by the Respondent without giving an opportunity of personal hearing to th...
Read MoreIncome Tax - Representation in respect of 1) completion of orders and fixing of hearings in June 2021 without following Instruction issued by appropriate authorities for NOT fixing hearing and NOT passing of Faceless assessment orders, penalty orders and faceless appeal Orders under Income tax act during non-operation or improper operation of ITD Port...
Read MoreIncome Tax - One of the major change is the introduction of the Faceless Scheme, for Assessments, Appeals and Penalty. Faceless Assessment scheme was notified in 2019 followed by Faceless Appeal scheme in 2020 and Faceless Penalty scheme in 2021....
Read MoreIncome Tax - Income Tax Gazetted Officers Association has represented to CBDT on Difficulties in completing Time barring actions in connection with Assessments/Re-assessments in FeAS Regime and Central Charges as well as in issuing notices for re-opening assessments and Demanded for further extension of limitation date. Full Text of the representation...
Read MoreIncome Tax - In a tweet Anurag Thakur, MoS for finance has clarified that there is No such proposal for scrutiny of GST assessment in a faceless mode is under consideration of the government presently as the GST laws and rules made thereunder already provide for electronic filing and assessment of returns on the common portal,With regard to […]...
Read MoreIncome Tax - 82,072 assessment cases completed in faceless manner till 10th March 2021 Income tax assessments are being done in a faceless manner, this was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today. The Minister further stated that income [&hel...
Read MoreSmart Vishwas Society Vs National Faceless Assessment Centre Delhi (Delhi High Court) - Smart Vishwas Society Vs National Faceless Assessment Centre Delhi (Delhi High Court) In this case Petitioner, is correct in submitting that the provisions of Section 144B of the Act have been violated as no show cause notice-cum-draft assessment order was issued. That being the position, there is n...
Read MoreRMSI Private Ltd. Vs National E-Assessment Centre (Delhi High Court) - RMSI Private Ltd. Vs National E-Assessment Centre (Delhi High Court) It is mandatory for the National E-Assessment Centre to provide an opportunity to the assessee, by serving a notice calling upon him to show cause as to why the variation proposed in the Draft Assessment Order, which is prejudicial...
Read More-Toplight Corporate Management (P.) Ltd. Vs National faceless assessment Centre Delhi and Anr. (Delhi High Court) - Toplight Corporate Management (P.) Ltd. Vs National faceless assessment Centre Delhi (Delhi High Court) Learned counsel for the petitioner states that the impugned assessment order was passed without issuing mandatory draft assessment order along with show cause notice, as contemplated under Section...
Read MoreAnju Jalaj Batra Vs National E-Assessment Centre Additional Joint Deputy Assistant Commissiner Of Income Tax Officer (Delhi High Court) - The record presently placed before the Court would show that though no show cause notice-cum-draft assessment order was issued, yet several opportunities had been granted by the respondents/revenue to the petitioner, before the said date, to explain its case....
Read MoreInternational Management Vs National Faceless Assessment Centre & Anr. (Delhi High Court) - International Management Vs National Faceless Assessment Centre (Delhi High Court) 1. The basis of addition was not furnished to the petitioner. He emphasizes that no draft assessment order was issued which is mandatorily required under the Faceless Scheme. 2. In a similar case being Smart Vishwas S...
Read MoreNotification No. N.A.F.A.C-1/58/2021-22/333 - (26/07/2021) - Standard Operating Procedure (SOP) for handling writ petitions where assessment is made under the Faceless Assessment Scheme 2019 (FAS’ 19)/section 144B of the IT Act, 1961(the Act) and or penalty is passed under Faceless Penalty Scheme, 2021, where NaFAC/CBDT is one of the respondents...
Read MoreStanding Order No. 18/2021 | Public Notice No. 69/2021- JNCH - (14/07/2021) - CBIC has recently comprehensively reviewed the implementation of Faceless Assessment and deliberated on the further measures required for expediting the pace of assessment and Customs clearance of imported goods....
Read MoreCircular No.14 /2021-Customs - (07/07/2021) - Board has recently comprehensively reviewed the implementation of Faceless Assessment and deliberated on the further measures required for expediting the pace of assessment and Customs clearance of imported goods. Board finds that by and large the objectives of Faceless Assessment in terms of expedi...
Read MoreF. No. CIT (NaFAC)-1/2021-22/204 - (29/06/2021) - CBDT Order designating web portal www.incometax.gov.in as the ‘designated portal’ for the purpose of Faceless Penalty Scheme National Faceless Assessment Centre, Delhi 2nd Floor, E-Ramp Jawaharlal Nehru Stadium, Delhi-110003 Phone No: 011-24360103 F. No. CIT (NaFAC)-1/2021-22/204 Dated: ...
Read MoreOrder No. F. No. CIT (NaFAC)-1/2021-22/203 - (29/06/2021) - CBDT Order designating web portal www.incometax.gov.in as the designated portal for the purpose of Income Tax Faceless Assessment Scheme...
Read MoreNotification No. N.A.F.A.C-1/58/2021-22/333 - 26/07/2021
Smart Vishwas Society Vs National Faceless Assessment Centre Delhi (Delhi High Court) -
RMSI Private Ltd. Vs National E-Assessment Centre (Delhi High Court) -
-Toplight Corporate Management (P.) Ltd. Vs National faceless assessment Centre Delhi and Anr. (Delhi High Court) -
Standing Order No. 18/2021 | Public Notice No. 69/2021- JNCH - 14/07/2021
Anju Jalaj Batra Vs National E-Assessment Centre Additional Joint Deputy Assistant Commissiner Of Income Tax Officer (Delhi High Court) -
International Management Vs National Faceless Assessment Centre & Anr. (Delhi High Court) -
Orissa Stevedores Ltd. Vs Union of India And Others (Orissa High Court) -
