CBDT notifies e-Assessment of Income Escaping Assessment Scheme, 2022

Notification No. 18/2022, dated 29-03-2022

Section 151A empowers the Central Government to make a scheme for the purpose of:

(a) Assessment, reassessment or recomputation under Section 147 (Income-escaping assessment);
(b) Issuance of notice under Section 148 for conducting income-escaping assessment; or
(c) Conducting of enquiries or issuance of show-cause notice or passing of order under Section 148A; or
(d) Sanction under Section 151 for the issue of notice under section 148 for conducting income-escaping assessment.

Such Scheme is to be formed to impart greater efficiency, transparency and accountability by:

• • Eliminating the interface between the Income-tax authority and the assessee or any other person to the extent technologically feasible;
  • Optimising utilisation of the resources through economies of scale and functional specialisation; and
  • Introducing a team-based assessment, reassessment, recomputation or issuance or sanction of notice with dynamic jurisdiction.

Now, the Central Government has notified the e-Assessment of Income Escaping Assessment Scheme, 2022 for the purpose of this provisions. The Scheme is applicable with effect from 29-03-2022.

The Scheme provides that assessment, reassessment or recomputation under Section 147 and issuance of notice under Section 148 shall be done:

(a) Through automated allocation, in accordance with risk management strategy formulated by the Board as referred to in section 148 for issuance of notice, and
(b) In a faceless manner, to the extent provided in Section 144B with reference to making assessment or reassessment of total income or loss of assessee.

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