Income Tax : Explains how the faceless assessment system replaced physical meetings with a transparent, online process, improving fairness whil...
CA, CS, CMA : Explains how electronic notices alone are insufficient for taxpayers lacking digital access, with courts holding such service inef...
Income Tax : Overview of the Faceless Scheme for Income Tax: electronic assessments, appeals, penalties, and rectifications with no physical in...
Income Tax : The Andhra Pradesh High Court definitively ruled that Jurisdictional Assessing Officers (JAOs) lack the authority to issue reasses...
Income Tax : Faceless Income-tax proceedings and e-assessments under Section 144B simplify taxpayer compliance. Use the e-filing portal for ele...
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 High Court rejected the challenge to reassessment notices issued by the Jurisdictional Assessing Officer. It held that the iss...
Income Tax : The Tribunal held that reassessment initiated by a jurisdictional officer after the faceless scheme became mandatory was invalid. ...
Income Tax : The Karnataka High Court invalidated a faceless assessment because the show-cause notice gave the assessee less than seven days to...
Income Tax : The High Court quashed a Section 148 notice issued by the Jurisdictional Assessing Officer, confirming that such notices must foll...
Income Tax : High Court held that reassessment notices issued without adopting the faceless mechanism prescribed under the statutory scheme wer...
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...
Learn how India’s Faceless Assessment Scheme works under Section 144B. This summary explains the roles of various units and the step-by-step workflow for tax assessments.
The Madras High Court ruled that Faceless Assessment Officers, not Jurisdictional Assessing Officers, must issue assessment notices, citing Bombay High Court precedents.
Bombay High Court rules reassessment notices by Jurisdictional Assessing Officers are invalid under the Faceless Assessment Regime, emphasizing adherence to Section 151A and its Scheme.
Bombay High Court sets aside Section 148 tax notice for Caishen Enterprise LLP, ruling it invalid as it was not issued by a Faceless Assessing Officer.
Learn to effectively handle faceless income tax scrutiny assessments. This guide covers notice receipt, timely response submission with proper documentation, detailed expense and loan reporting, and responding to show-cause notices for a smooth assessment process.
Orissa High Court sets aside a faceless assessment order, citing insufficient time for reply and violation of natural justice, emphasizing adherence to SOP.
Calcutta High Court Stays Income Tax Notice for AY 2019-20; Addresses Faceless Assessment Mandate and Proceedings Against Struck-Off Company.
Income Tax Act, 1961, has undergone continuous reforms over the years to enhance clarity, efficiency, and taxpayer compliance. Despite these efforts, ambiguities in certain provisions have often led to misuse such as wrongful claims of deductions, underreporting of income, or complete non-disclosure.
Kerala High Court rules serving draft assessment order not mandatory for ‘ordinary assessees’ under former Section 144B faceless tax law.
CBI arrests IRS officer and private individual for allegedly undermining the Faceless Tax Scheme by leaking confidential info for bribes. Investigation ongoing.
