Faceless Income Tax Assessment is Here

Written By:
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    The Income Tax (IT) Department has made the entire interaction of IT scrutiny faceless through "E-Proceeding."

    Faceless Income Tax Assessment is Here

    In a letter issued to field officers, the Central Board of Direct Taxes (CBDT) said on Monday that "except for search-related assessments, proceedings in other pending scrutiny assessment cases shall be conducted only through the 'E-proceeding' functionality in ITBA/e-filing."

    Only stations with limited bandwidth for e-communications will be given some relaxation till March 31, 2018. Notices will be required to be issued electronically to the e-filing account of the assessee. All communications to be signed digitally by the assessing officer.

    If an assessee objects to 'E-Proceeding' the case may be put on hold for the time being, as per the order.

    This decision comes as a move to curb corruption and promote "Digital India." The promise of a faceless IT scrutiny system was made by Finance Minister Arun Jaitley in his Union Budget speech on 1st February 2018.

    Story first published: Tuesday, February 13, 2018, 16:21 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more