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Faceless Assessment scheme procedure under Income Tax Act

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Faceless Assessment scheme procedure under Income Tax Act

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  1. Faceless Assessment scheme procedure under Income Tax Act

  2. Faceless Assessment Procedure • In this article, we will have a detailed discussion about the faceless assessment procedure of the new Faceless Assessment scheme. • Faceless Assessment scheme covers all the assessment under section 143(3) or Section 144 of The Income Tax Act 1961, except for the cases related to search, seizure and International Tax Assessment.  • Under this scheme the taxpayer does have the right to file an appeal before the Commissioner Appeals against the assessment order or the penalty order. The taxpayer also has the right to ask for a personal hearing which can be conducted through video conferencing or video telephony. The facility for video conference is necessarily provided by CBDT as required at any location.

  3. Procedure under Faceless Assessment scheme • Procedure provided for faceless assessment is completely different from existing process of assessment. Under the existing process, the assessee has complete information about the concerned Assessing officer and he also has all the rights to interact with him directly. However, Faceless Assessment Scheme has appointed National e-Assessment Center (NeAC) which shall act as the major managing authority and it will act as a mediator between Assessment Unit, Assessee and other parties such as verification unit, technical unit etc. Therefore, NeAC shall collect the data from the Assessee and shall share the same with the jurisdictional Assessing unit.

  4. Setting up of National e-Assessment Centre • For the purpose of carrying out faceless assessment, the Government will set up a National e-Assessment Center (“NeAC”) and entire assessment proceeding will be carried out through NeAC only. Further, CBDT also sets up various other centres and units and also specify their jurisdiction like regional e-assessment centres are controlled by the regional principal chief commissioner, verification units for cross verifications are few examples of such set up. 

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