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...
The challnges to professionals in the face of faceless assessments And appeals – Chiselling the skills and acquiring new ones The bouquet of the latest Circulars of the CBDT has heralded the entire Nation into a New Era of transparent tax administration . Besides, it is a clarion call to the taxmen, the assessees and […]
In the series of tax reforms, the Prime Minister announced some reformative measure during launch of ‘Transparent taxation honouring honest’ platform like faceless assessment, faceless appeal process and tax payers’ charter. Let us discuss the measures announced and its impact on the system and the tax payers. Since implementation of faceless appeal is postponed till […]
Preface to Income tax: Faceless assessment scheme ♦ Finance Minister Nirmala Sitharaman had announced the e-assessment scheme in her budget speech on 5th July 2019 which was inaugurated subsequently on 7th October 2019. ♦ Prime Minister Narendra Modi on 13th August,2020 had lunched “Transparent Taxation-Honouring the honest” platform and by that enlisted the rights of […]
INTRODUCTION Administrative departments in the country are on a pathway of digitalization. Old administration practices are continuously being upgraded to improve efficiency and resource utilization. CBDT too, plays active role in the same and has incorporated Income Tax Business Application (ITBA) for electronic conduct of various functions/proceedings including e-assessment is step towards the same. Adding […]
On 13th August 2020, Honourable Prime Minister Narendra Modi has enunciated a platform to tribute the honest taxpayers of the country and ensuring awareness about honest tax payment in India. The inauguration of the “Transparent Taxation” program happened at 11 am through video conferencing. The “Transparent Taxation” platform will work to create major reforms meant to establish more transparency in income […]
मोदी ने ईमानदार करदाताओं को दी सौगात, फेसलेस असेसमेंट और टैक्सपेयर्स चार्टर लागू !! ‘Transparent Taxation – Honouring the Honest’ A new platform Lunched through video conferencing by honourable Prim Minister Mr. Narendra Modi. देश में चल रहा Structural Reforms का सिलसिला आज एक नए पड़ाव पर पहुंचा है। 21वीं सदी के टैक्स सिस्टम की […]
Platform for Transparent Taxation and faceless appeals launched by PM Modi – Government of India on August 13, 2020: With the noble motive to honour the honest taxpayers and facilitate faceless assessments & appeals, PM Narendra Modi launched a platform for ‘Transparent Taxation’. Needless to mention this shall also expedite the refund process. This is […]
E-Assessment is now Faceless Assessment, CBDT vide Notification no. 60 and 61 of 2020 has amended the earlier provisions for e-assessment and renamed the said scheme as Faceless Assessment. Let’s understand the provisions and procedure as laid down in the Faceless Assessment Scheme. Step by step procedure for Faceless Assessment is tabulated in attached file. […]
CBDT issues Detailed guidelines for the implementation of Faceless Assessment Scheme, 2019 and role of residual charges in this regard. F. No.173/165/2020 -ITA-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** New Delhi, dated 14th August, 2020 To, All PrCCsIT, Subject: Guidelines for the implementation of Faceless Assessment […]
MAXIMUM GOVERNANCE WITH MINIMUM GOVERNMENT PM Modi Launches Platform for `Transparent Taxation ‑ Honouring the Honest’ KEY HIGHLIGHTS Tax system aims to be Seamless, Painless and Faceless: PM The platform has major reforms like Faceless Assessment, Faceless Appeal & Taxpayers Charter Faceless Assessment & Taxpayers Charter have come into force from today while the facility […]
