FACELESS ASSESSMENT

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CBDT Notifies Faceless Penalty (Amendment) Scheme 2022

Vide Notification No. 54/2022 Dated 27th May 2022, the CBDT has notified Faceless Penalty (Amendment) Scheme, 2022. It shall come into force on the date of its publication in the Official Gazette. In this notification, amendments are made in Faceless Penalty Scheme, 2021. To Download the Notification, Please Click Here

Assessee Can Demand Personal Hearing in Faceless Assessment Due To Mandatory Requirement u/s 144B Of Income Tax Act- Delhi High Court

Assessee Can Demand Personal Hearing in Faceless Assessment Due To Mandatory Requirement u/s 144B Of Income Tax Act- Delhi High Court

In the case of Bharat Aluminium Company Ltd. vs Union Of India & Ors., the Delhi High Court has held that: Consequently, this Court is of the opinion that an assessee has a vested right to personal hearing and the same has to be given, if an assessee asks for it. The right to personal …

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No Personal Hearing At Faceless Appeal Centres: CBDT

No Personal Hearing At Faceless Appeal Centres: CBDT

Vide Notification Number 139/2021, Dated 28th December 2021, CBDT has notified Faceless Appeal Scheme 2021. It has stated in the notification that: (1) A person shall not be required to appear either personally or through authorised representative in connection with any proceedings under this Scheme before the income-tax authority at the National Faceless Appeal Centre …

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CBDT Notifies Authorities To Perform e-Appeal Functions Under Faceless Appeal Scheme

CBDT Notifies Authorities To Perform e-Appeal Functions Under Faceless Appeal Scheme

Notification Number 141/ 2021, Dated 29th December 2021 In exercise of powers conferred by sub sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961 (hereinafter referred to as the Act) and in supersession of the notification No. 81 of 2020 of Government of India in the Ministry of Finance, …

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Breaking: Supreme Court Issues Notice to CBDT on the Issue of No Personal Hearing in Faceless Assessment Scheme

Breaking: Supreme Court Issues Notice to CBDT on the Issue of No Personal Hearing in Faceless Assessment Scheme

Supreme Court has issued notice to the CBDT on the issue of no personal hearing in faceless assessment scheme (returnable on 1st October 2021). The petitioners filed petition on the ground that no personal hearing has been granted and that such a discretion may not be left to the Chief Commissioner or the Director General. …

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SOP for Penalties under Faceless Penalty Scheme-2021

SOP for Penalties under Faceless Penalty Scheme-2021   National Faceless Assessment Centre, Delhi2nd Floor, E-RampJawaharlal Nehru Stadium, Delhi-110003email: ashish.abrol@qov.inPhone No: 011-24360103 F. No.A.A(N.A.F.A.C)-1/2021-22/439 Dated: 09.08.2021 To, All Chief Commissioners of Income-tax,Regional Faceless Assessment Centres Sub: – SOP for Penalties under Faceless Penalty Scheme-2021 I am directed to convey that the following Standard Operating Procedure (SOP) is prescribed …

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Must read – Official Twitter handle of I-T department issues 3 email IDs for registering grievances under faceless assessment scheme

I-T department issues 3 email IDs for registering grievances under faceless assessment scheme The department issues a message on its official Twitter handle The Income Tax (I-T) department notified three official email IDs for taxpayers to register grievances under the faceless or e-assessment scheme. The department issued a message on its official Twitter handle saying: …

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TAX

Faceless Assessment: A Paradigm Shift in Indian Revenue Audits

The Indian government has embarked on a journey of adoption of technology and digitization in governance processes and citizen services over the last few years. Implementation of the nationwide goods and services tax (GST was a major milestone in this journey. On the direct tax front, the government transitioned the revenue audit (tax assessment) process …

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BOMBAY HIGH COURT

Bombay High Court Stays Order Passed under Faceless Assessment Scheme. Know the Reasons

In the case of Ritul Jewels Private Limited v/s National Faceless Assessment  Centre & Ors., Hon’ble Bombay High Court stays order passed under Faceless Assessment Scheme due to following reasons: (1.) Order passed without considering adjournment request, (2.) Order passed without granting personal hearing, (3.) Submissions of the assessee not considered. To download the copy …

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Income Tax (CBDT) Due Date Extended beyond May, 2021

Be Alert: Income Tax Department Conducts Searches due to Non Compliance of Faceless Assessment Notices

The search action emanated due to non-compliance to faceless scrutiny assessment notices selected and issued through a computerised system. Notices under the Faceless Assessment Scheme sent to certain assessees were consistently not complied with even though received by them. Data analytics revealed that the recipients were persons of no/low means. Subsequent internal and discreet enquiries revealed that the said persons were the front for the above said group and were also the benamidars of some of the group members.

ANURAG SINGH THAKUR

No Proposal for Faceless Assessments under the GST Act Presently: Union Minister Shri Anurag Thakur

Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, stated in a written reply to a question in Rajya Sabha that no proposal for scrutiny of GST assessment in a faceless mode is under consideration of the Government presently as the GST laws and rules made thereunder already provide for electronic …

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