Income Tax : The framework introduces electronic assessments, appeals, and penalties without physical interaction. It enhances transparency and...
Income Tax : Courts have held that non-compliance with mandatory procedures under Section 144B renders faceless assessment orders void. The rul...
Income Tax : Courts have held that digital tax assessments cannot bypass procedural safeguards, reinforcing that fairness remains mandatory und...
Income Tax : The digital tax reform eliminates physical interaction but faces criticism for procedural lapses. Courts stress fairness and adequ...
Income Tax : Introduced to eliminate human interface and enhance accountability, faceless assessment has improved digital transparency but rais...
Income Tax : CBI arrests IRS officer and private individual for allegedly undermining the Faceless Tax Scheme by leaking confidential info for ...
Income Tax : Representation highlights long delays at NFAC affecting over 5 lakh appeals, urging CBDT to expedite resolutions and restore taxpa...
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 : The Telangana High Court held that reassessment proceedings initiated by the Jurisdictional Assessing Officer after implementation...
Income Tax : The Telangana High Court refused to interfere with a faceless income tax assessment order despite claims of medical hardship and l...
Income Tax : The tribunal set aside the assessment after finding that faceless assessment proceedings were initiated before the scheme was form...
Income Tax : The Tribunal noted that the assessment proceedings were conducted during the COVID-19 pandemic and the assessee could not respond ...
Income Tax : The High Court set aside income tax assessments after holding that a specific written request for personal hearing cannot be rejec...
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 issues Notification No. 03/2021-Income Tax and notifies Faceless Penalty Scheme, 2021. Also Read- Faceless Penalty Scheme, 2021 – CBDT notifies directions MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 12th January, 2021 Notification No. 02/2021-(Income-Tax) S.O. 117(E).—In exercise of the powers conferred by sub-section (2A) of section 274 […]
Exclusive email ID- ‘feedback.notice.neac@incometax.gov.in’ enabled to register grievance regarding Section 142(1) notices (including roving questionnaires) issued under the Faceless Assessment Scheme 2019. The grievances received in the said email shall be closely monitored by a team of officials at National e-Assessment Centre.
With a view to achieve this objective, certain key areas, which require immediate attention, have been identified and the following instructions/ guidelines are being hereby issued so as to smoothen the process of Faceless Assessment by the field formations.
On 13th of August, 2020, Hon’ble Prime Minister Shri. Narendra Modi rolled out the scheme of faceless assessment, faceless appeal and tax-payer charter. The scheme for ‘e-assessment’ was already notified in 2019, which has now been modified by amending the original scheme and renamed as ‘faceless assessment’.
Trade Facilitation is a key enabler for simplification of procedures and reduction of barriers to the trade. The major Objective of Trade Facilitation is to Reduce Time and Cost for the EXIM community and help them become more competitive in the International Arena. In line with this momentum, CBIC has implemented next generation reforms through […]
SOPs for AU, VU, TU and RU approved by CBDT for implementation of Faceless Income Tax Assessment Scheme, 2019 (FAS-2019). The same may be disseminated among the Units under your region for compliance by all of them.
Faceless Assessments & Appeals: Missing Out on that Odd Cup of Tea with AO/CIT(Appeals) for a Far More Rewarding TEA of Transparency, Efficiency & Accountability!!! Friends let me begin with an interesting question…. “What comes across your mind when you hear these terms and phrases- artificial intelligence, machine learning, advanced algorithm-based data analytics, automated random allocation […]
Extract from budget speech of Hon’ble union finance minister on 5th July 2019 “Para 124. The existing system of scrutiny assessments in the Income-tax Department involves a high level of personal interaction between the taxpayer and the Department, which leads to certain undesirable practices on the part of tax officials. To eliminate such instances, and […]
Key objectives of Faceless Assessment include: i. Anonymity in assessment for reduced physical interface between trade and Customs ii. Speedier Customs clearances through efficient utilisation of manpower iii. Greater uniformity of assessment across locations iv. Promoting sector specific and functional specialisation in assessment
Faceless Assessment – Enhancements and certain clarifications related to reports available to Assessing Officers (AOs and AC/DCs) in ICES – reg.
