Section 144B

Transforming Tax Administration in India: Faceless Assessment Revolution

Income Tax - Explore journey of India's tax administration transformation led by PM Narendra Modi. Learn about Faceless Assessment Scheme, promoting transparency, efficiency and accountability....

Faceless Assessment Scheme: Streamlining Income Tax with Automation

Income Tax - Explore the faceless scheme in Indian income tax, including assessments, appeals, penalties, and rectifications. Discover how it enhances efficiency and transparency....

Assessment invalid if completed without following standard operating procedure

Income Tax - High Court held that Income Tax Faceless assessment order under section 143(3) rws 144B becomes invalid if Assessment is completed without following standard operating procedure (SOP)....

Faceless Assessment E-Portal Closed without Notice… Steps ahead

Income Tax - Facing issues with the Faceless Assessment E-Portal closure without notice? Learn the steps ahead to address grievances. Understand the importance of following correct procedures to ensure justice in tax cases....

Opportunity of hearing to be provided to assessee in case of variation in demand order

Income Tax - HC quashed and set aside demand notice and assessment order making an addition of INR 92.42 crores without providing the opportunity of hearing to the assessee. Held that, the Revenue Department should make assessments following the provisions of Section 144B of Income Tax Act, 1961 in order to provide an opportunity of hearing to the as...

Indiscriminate Income Tax notices without allowing reasonable time

Income Tax - In view of Indiscriminate notices by income Tax Department without allowing reasonable time it is requested to Finance Ministry and CBDT that suitable steps should be taken so that adequate time is allowed for compliance and cases are not disposed of in a hurry, without giving adequate opportunity for the taxpayer to be heard. The [&helli...

Extend Time Limit for Income Tax Assessment time barring on 31.3.2022

Income Tax - Lucknow CA Tax Practicioners Association has made a Representation to FM for Extension of Time Limit for Assessment cases time barring as on 31.3.22 under the Income Tax Act 1961 in view of Problems faced in completion of Reopened Assessment cases (letting time barred on 31st March 2022, Problems faced in completion of Assessment as [&hel...

Kerala High Court Admits Challenge Against Faceless Assessment Procedure

Income Tax - The Kerala High Court, today admitted a batch of Writ Petitions challenging the constitutional validity of the Faceless Assessment Procedure under Section 144B of the Income Tax Act. The Court had also stayed all further proceedings pursuant to the assessments made against the assessee in the particular cases. The assessee challenged the ...

Kerala HC Dismisses Writ Petition on Unexplained Cash Deposit

Sayed Muhammed M Vs CIT (Kerala High Court) - Kerala High Court dismisses writ petition challenging assessment order under Section 147 of the IT Act, directing appellant to pursue statutory remedy. Full judgment analysis....

Draft Assessment Order not served: SC directs AO to remand matter to AO

National Faceless Assessment Centre & Ors. Vs Automotive Manufacturers Private Limited (Supreme Court of India) - Explore the Supreme Court judgment on National Faceless Assessment Centre vs Automotive Manufacturers. Learn about the breach of natural justice, Section 144B implications, and the modified ruling remanding for a fresh Assessment Order....

Kerala HC Sets Aside Assessment Order Due to Absence of Draft Assessment Order

Sujatha Revikumar Vs JCIT (Kerala High Court) - Kerala High Court sets aside an assessment order due to the absence of a draft assessment as mandated under Section 144B of the Income Tax Act, emphasizing procedural compliance....

Kerala HC Remands Case Due to Errors in Draft Assessment Order objection Handling

Asseena Beegam Mohamed Ali Vs DCIT (Kerala High Court) - Kerala High Court sets aside a GST assessment order due to the assessing authority's error in noting objections. Read about the court's decision to remand for re-adjudication....

ITAT Clears Transfer Pricing Battle for Boeing India

Boeing India Private Limited Vs DCIT (ITAT Delhi) - ITAT Delhi resolves Boeing India's transfer pricing dispute, clearing an INR 21,52,899 adjustment tied to operational inactivity and a merger with BCIL....

Setting up of Units under section 144B(3) of Income-tax Act, 1961

Office Order -2 - (01/03/2023) - In pursuance of sub-section (3) of section 144B of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby makes the following amendments in the Office Order — 2 of even number dated 10.06.2022...

SOP for Faceless Income Tax Assessment under Section 144B

NaFAC/Delhi/CIT-1/2022-23/112/92 - (03/08/2022) - Standard Operating Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU) under the Faceless Assessment provisions of Section 144B of the Income-tax Act. National Faceless Assessment Centre, Delhi NaFAC/Delhi/CIT-1/2022-23/112/92 Dated: 03/08/2022 ...

Changes in ITBA functionalities for Faceless Assessment

NaFAC/Delhi/CIT-I/2021-22/105 /49 - (14/06/2022) - Roll out of first phase of changes in ITBA functionalities for Faceless Assessment due to amendments in Section 144B by Finance Act, 2022. National Faceless Assessment Centre, Delhi 4th Floor, Mayur Bhawan, Connaught Lane, Connaught Place, New Delhi 110001 NaFAC/Delhi/CIT-I/2021-22/105 /49 | Dated: ...

Faceless Penalty (Amendment) Scheme, 2022- Reg.

Notification No. 55/2022-Income Tax [S.O. 2426(E).] - (27/05/2022) - National Faceless Penalty Centre, in accordance with the guidelines issued by the Board, may,–– (a) in a case where imposition of penalty has been proposed, convey to the penalty unit to pass the penalty order as per penalty imposition proposal referred to in sub-clause (a) of clause (xv)...

Faceless Inquiry or Valuation Scheme, 2022

Notification No. 19/2022-Income Tax [S.O. 1468(E).] - (30/03/2022) - CBDT notifies Faceless Inquiry or Valuation Scheme, 2022 vide Notification No. 19/2022-Income Tax Dated: 30th March, 2022 and it specifies that (a) issuing notice under sub-section (1) of section 142 of the Act, (b) making inquiry before assessment under sub-section (2) of section 142 of the Act, (c...

Recent Posts in "Section 144B"

Kerala HC Dismisses Writ Petition on Unexplained Cash Deposit

Sayed Muhammed M Vs CIT (Kerala High Court)

Kerala High Court dismisses writ petition challenging assessment order under Section 147 of the IT Act, directing appellant to pursue statutory remedy. Full judgment analysis....

Draft Assessment Order not served: SC directs AO to remand matter to AO

National Faceless Assessment Centre & Ors. Vs Automotive Manufacturers Private Limited (Supreme Court of India)

Explore the Supreme Court judgment on National Faceless Assessment Centre vs Automotive Manufacturers. Learn about the breach of natural justice, Section 144B implications, and the modified ruling remanding for a fresh Assessment Order....

Kerala HC Sets Aside Assessment Order Due to Absence of Draft Assessment Order

Sujatha Revikumar Vs JCIT (Kerala High Court)

Kerala High Court sets aside an assessment order due to the absence of a draft assessment as mandated under Section 144B of the Income Tax Act, emphasizing procedural compliance....

Kerala HC Remands Case Due to Errors in Draft Assessment Order objection Handling

Asseena Beegam Mohamed Ali Vs DCIT (Kerala High Court)

Kerala High Court sets aside a GST assessment order due to the assessing authority's error in noting objections. Read about the court's decision to remand for re-adjudication....

ITAT Clears Transfer Pricing Battle for Boeing India

Boeing India Private Limited Vs DCIT (ITAT Delhi)

ITAT Delhi resolves Boeing India's transfer pricing dispute, clearing an INR 21,52,899 adjustment tied to operational inactivity and a merger with BCIL....

CIT(A)’s Blind Endorsement of AO’s Action Breaches Sec. 250(6) Compliance: ITAT Mumbai

Rajkumar Anandchand Jain Vs DCIT (ITAT Mumbai)

Mumbai ITAT reinstates appeal due to CIT(A)'s failure to consider case merits in Rajkumar Anandchand Jain Vs DCIT, emphasizing proper legal procedures....

Reassessment Based on Previously Examined Facts Unacceptable: ITAT Mumbai

DCIT Vs East West Pipeline Private Limited (ITAT Mumbai)

ITAT Mumbai held that initiation of reassessment proceedings on account of change of opinion formed on re-appraisal of the facts already on record and examined during the regular assessment proceedings is liable to be quashed....

Reassessment: Invalid if AO’s Belief Lacks Bona Fides, Is Vague and Arbitrary

Pasari Casting and Rolling Mills Private Ltd Vs Income-tax Department through its National Faceless Assessment Centre (Jharkhand High Court)

Explore the Jharkhand High Court's decision in Pasari Casting vs. Income Tax Department, addressing a critical tax reassessment issue. A detailed analysis inside....

Draft Assessment Order passed without Considering Petitioner’s Objections: HC Quashed

CPF (India) Private Limited Vs ACIT (Madras High Court)

Read the detailed analysis of CPF (India) Private Limited Vs ACIT case where Madras High Court annulled assessment proceedings due to violation of Sec 144B procedure....

AO not examined cost of improvement on building – Section 263 Order Valid

Rangasamy Rajaram Vs ACIT (ITAT Chennai)

Explore the ITAT Chennai order in Rangasamy Rajaram Vs ACIT case, where revision proceedings were upheld, impacting capital gains assessment on property sale....

Browse All Categories

CA, CS, CMA (6,864)
Company Law (10,058)
Corporate Law (13,517)
Custom Duty (10,814)
DGFT (5,155)
Excise Duty (5,616)
Fema / RBI (5,763)
Finance (6,484)
Income Tax (49,797)
SEBI (5,330)
Service Tax (4,889)