Cases not created on ITBA due to technical bugs or not having PAN to be excluded from Faceless Assessment: CBDT
- Blog|News|Income Tax|
- < 1 minute
- By Taxmann
- |
- Last Updated on 8 September, 2021
Latest from Taxmann
Order F No. 187/3/2020-ITA-I, dated 06-09-2021
The Taxation and Other Laws (Relaxation and Amendment of certain provisions), Act, 2020, has inserted a new Section 144B to incorporate the Faceless Assessment Scheme, 2019 in the Income-tax Act.
CBDT vide Order F. No. 187/3/2020-ITA-I, dated 31-08-2020, directed that all the Assessment Orders shall be passed by the National Faceless Assessment Centre under Section 144B of the Act except as under:-
(a) Assessment orders in cases assigned to Central Charges;
(b) Assessment orders in cases assigned to International Tax Charges.
Now, CBDT has further excluded Assessment Orders in cases where pendency could not be created on ITBA because of technical reasons or cases not having a PAN, as the case may be, from the ambit of Faceless assessment.
Click Here to Read the Full Circular
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
Latest Books
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
CA | CS | CMA
