Finance Minister Nirmala Sitharaman asks taxman to analyse cases lost at HCs, SC to draw lessonsUnion Finance Minister Nirmala Sitharaman has directed the Income Tax Department to review court cases lost over the last decade. The goal ...
30 Sep, 2024, 09.02 PM IST
Budget 2024 needs to decide if faceless assessment is revolutionising tax landscape or creating hurdles?Union Budget 2024 Tax: The eagerly awaited Union Budget 2024 in India brings focus to refining the faceless assessment scheme, crucial for ...
13 Jul, 2024, 11.18 AM IST
I-T department issues 3 email IDs for registering grievances under faceless assessment schemeThe IT department issued a message on its official Twitter handle. The tweet said that this move was being introduced to improve taxpayer s...
09 Aug, 2021, 02.45 PM IST
No proposal for scrutiny of GST assessment in faceless mode: MoS Anurag Singh ThakurIncome tax assessments are being done in a faceless manner except in certain conditions and till March 10, a total of 82,072 assessment cas...
16 Mar, 2021, 09.03 PM IST
Government looks to extend faceless assessment scheme to 8 more I-T proceedingsBesides, faceless collection and recovery of tax, faceless revision and effect of orders and faceless approval or registration are proposed.
18 Sep, 2020, 10.25 PM IST
Income tax dept framing rules to enable physical hearing under faceless assessment scheme“Wherever there is addition proposed - either to income or tax - a showcause notice will be issued and final opportunity will be given to t...
18 Sep, 2020, 09.43 AM IST
CBDT deploys two-third of its workforce for faceless assessment schemeFaceless Assessment Scheme was inaugurated as Phase 1 on October 7, 2019, with 58,320 assigned cases. On August 13 this year, Prime Ministe...
13 Sep, 2020, 05.02 PM IST
Customs to roll out pan-India faceless assessment for all imports by October 31"Board has decided to roll out the Faceless Assessment at an all India level in all ports of import and for all imported goods by October 3...
07 Sep, 2020, 07.27 AM IST
I-T dept closely monitoring implementation of faceless assessment schemeAssuaging concerns of the industry on how a taxpayer would explain his/her position to the I-T department, Pandey said the provision of vid...
04 Sep, 2020, 10.35 PM IST
Income Tax Department to intimate taxpayers under scrutiny about faceless assessmentCBDT had earlier this month notified the NeAC for all communication with taxpayers under the faceless assessment scheme. Since August 13, a...
28 Aug, 2020, 06.52 PM IST
CBDT chief meets I-T officers, seeks to assuage concern over faceless assessment hierarchyChairman P C Mody underlined the fact that the faceless assessment scheme's implementation would not cause any large-scale movement of offi...
19 Aug, 2020, 04.49 PM IST
Lack of clarity over restructuring under faceless assessment scheme leads to chaosThe Central Board of Direct Taxes (CBDT) sub-sections are working on identifying officers that will be moved to different locations as part...
17 Aug, 2020, 06.56 PM IST
CBDT sets up 30 assessment centres in 20 cities as part of new faceless taxation programThe structural change has been brought into immediate effect, and closely follows directives under the Transparent Taxation platform launch...
14 Aug, 2020, 11.52 PM IST
Search and seizure, international tax cases out of faceless assessment ambit: CBDTThe CBDT, which administers personal and corporate income tax, directed that "all assessment orders shall hereafter be passed by National e...
13 Aug, 2020, 05.48 PM IST
Delhi, Mumbai Customs to start faceless cargo assessment from August 3"Board has decided to begin the 2nd phase of All India rollout of faceless assessment w.e.f. August 3, 2020, by including Delhi and Mumbai ...
02 Aug, 2020, 12.06 PM IST
I-T dept disposes 7,116 assessments under first phase of faceless scrutinyIn the first phase of faceless assessment, a total of 58,319 cases were assigned in an automated way randomly and these were kept away from...
19 Jul, 2020, 03.11 PM IST
Budget 2019: 'Faceless assessment' for tax filing gets thumbs up from SitharamanThe aim of a faceless assessment is to cut down the interaction between taxpayer and income tax officer.
05 Jul, 2019, 02.53 PM IST