Income Tax : The faceless tax assessment scheme in India faces legal disputes over jurisdiction between JAO and FAO. Learn about key court ruli...
Goods and Services Tax : Explore Income Tax systems, from Form 26AS and AIS for tax data to CPC-ITR and faceless assessments ensuring transparency and effi...
Income Tax : Proposed amendment removes the deadline for notifying faceless schemes under the Income-tax Act, allowing notifications beyond Mar...
Income Tax : Taxpayer injustice due to high-pitched assessments and misuse of Section 115BBE of the Income Tax Act in 2017-18 and 2018-19 asses...
Income Tax : Explore faceless assessment, reassessment, and recomputation under the Income Tax Act, as per Finance Act 2021, and related judici...
Income Tax : CBI registers case against 9, including Deputy Commissioner, 2 Inspectors, and 5 CAs, for sabotaging Faceless Tax Scheme; searches...
Income Tax : Learn to handle faceless income tax assessments using AI tools like ChatGPT in a 2-hour live course on Sept 15, 2024. Enhance effi...
Income Tax : Income Tax Faceless Appeals before CIT (A). How to deal with this appeal in new Faceless Regime. Get the Answer of many Questions ...
Income Tax : Explore the impact of faceless tax assessment, benefits, and government's steps to address taxpayer grievances. Get insights into ...
Income Tax : KARNATAKA STATE CHARTERED ACCOUNTANTS ASSOCIATION (R) Date: Saturday, September 24, 2022 To, Smt. Nirmala Sitharaman Hon. Union Mi...
Income Tax : Punjab & Haryana High Court quashes notice u/s 148 issued by jurisdictional AO, ruling that only NFAC has authority post CBDT Circ...
Income Tax : Gujarat HC sets aside faceless assessment order due to lack of personal hearing via video conference, directing a fresh order in c...
Corporate Law : Madras High Court dismisses writ petitions challenging JAO's jurisdiction in issuing Section 148 notices under IT Act, citing comp...
Income Tax : Punjab & Haryana HC invalidates Section 148 notice due to non-compliance with faceless assessment provisions under Section 144B of...
Income Tax : Punjab & Haryana High Court sets aside notice under Section 148 in Mohan Jit Singh case, following prior judgments in similar case...
Custom Duty : F. No.450/26/2019-Cus. IV(Pt) Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes &...
Custom Duty : OFFICE OF THE COMMISSIONER OF CUSTOMS (NS – I), JAWAHAR LAL NEHRU CUSTOM HOUSE, NHAVA-SHEVA,TAL-URAN, (e-mail:appraisingmain...
Income Tax : In pursuance of sub-section (3) of section 144B of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby makes the fo...
Income Tax : In pursuance of para 4 of S.O. 5429(E) Notification No. 139/2021/F.No.370142/66/2021- TPL, dated the 28th December, 2021, notifyin...
Income Tax : CBDT notifies jurisdiction of CIT(A) under Faceless Appeal Scheme, 2021 vide Notification No. 113/2022-Income Tax Dated: 13th...
CBDT hereby authorises the Assistant Commissioner of Income-tax/Deputy Commissioner of Income-tax (NaFAC) having her / his headquarters at Delhi, to act as the ‘Prescribed Income-tax Authority’ for the purpose of sub-section (2) of section 143 of the Act, in respect of returns furnished under section 139
Notification No. 24/2021-Income-tax – CBDT hereby-(a) authorises that the Principal Commissioners of Income-tax (Regional Faceless Assessment Centre) (Verification Unit) [(hereinafter referred to as PCIT (ReFAC)(VU)]specified in Column (2) of the Schedule (hereinafter referred to as the said Schedule) annexed hereto, having headquarters at the places specified in the corresponding entry in Column (3) of the said Schedule
Notification No. 23/2021-Income-tax CBDT hereby directs that the Income-tax Authorities of Regional Faceless Assessment Centres specified in Column (2) of the Schedule below,
Notification No. 22/2021-Income-tax- CBDT hereby directs that the Income-tax Authorities of the National Faceless Assessment Centre (hereinafter referred to as the NaFAC) specified in Column (2) of the Schedule below, having its headquarters at the place mentioned in Column (3) of the said Schedule, shall exercise the powers and functions of Assessing Officer concurrently,
Central Board of Direct Taxes hereby sets up the National Faceless Assessment Centre (hereinafter referred to as the NaFAC), which shall have its headquarters at Delhi and shall comprise of the following Income-tax Authorities: –
Faceless Assessment Scheme, 2019 shall henceforth mutatis mutandis be applicable to the Faceless Assessment under Section 144B of the Act, except those specifically modified by issue of fresh Orders / Circulars etc.
Pr. CCsIT of the Region shall be the Cadre Controlling Authority in their area of jurisdiction in respect of all field formations including Faceless charges (ReFACs), Central charges, International Taxation & Transfer Pricing charges, Investigation Directorates, Exemption charges & DTRTI etc., along with the Jurisdictional Hierarchy.
CBDT hereby sets up the Regional Faceless Assessment Centres (ReFACs), as specified in Column 2 of the Schedule below, with their headquarters at the places mentioned in Column 3 of the said Schedule and shall comprise of the Income-tax Authorities as per Annexure to this order.
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 […]
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 […]
