![]() What to do if I am not satisfied with the Assessment made?Īfter completion of assessment, all the digital records in respect of your Assessment, will be transferred to your jurisdictional Assessing Officer, who would be responsible for post-assessment work. It means that the Assessment is complete. Your request, if approved under the applicable guidelines will be conducted through Video Conferencing only.ĭ) After considering your reply to the said Draft assessment Order/Show Cause Notice, if any filed by you, a final Assessment Order alongwith annexures shall be received by you. You may also request personal hearing through video conferencing. You can file your reply to the said Show Cause Notice. If you want to seek adjournment, you may do so through the facility available in your e-filing account.Ĭ) If the Assessment Unit is not satisfied with your reply(ies) and it wants to make any modification to your income, it shall issue a Show Cause Notice to you, along with copy of the Draft Assessment Order. Please file only relevant and necessary information. Please file reply to the questionnaire along with supporting documents wherever required or sought. If there is no Review or after Review, there are no modifications, then a final assessment order shall be received by you.ī) If the Assessment Unit requires further information then you will receive a notice u/s 142(1) along with a questionnaire in your e-filing account and on your registered email id along with a real time sms alert. RMS shall identify if the case needs to be reviewed by the Review Unit. What happens after I file my reply to the notice u/s 143(2)?Ī) If the Assessment Unit is satisfied with your reply, the Assessment Unit shall prepare a draft assessment order, which will be subjected to a computer-run Risk Management Strategy tool. The reply to the notices received is to be filed through your e-filing account ONLY. You should try to provide a comprehensive reply, by the date and time specified in the notice, on the issues pointed out in the notice itself. If the notice carries the following logo and is signed by an officer of National e-Assessment Centre (NeAC), then it means your case has been picked up for scrutiny under the faceless assessment proceedings.ī) You are required to file your response to notice issued u/s 143(2). Your registered account with e-filing (followed by real time alert in the form of an sms and/or email.Ī) You should log in to your e-filing account on the portal. You will receive notice under section 143(2) 1 of the Act digitally signed by NeAC officer in How would you know that your case has been picked up for faceless e-Assessment? > Ease of tax compliance through uniformity in application of law. > Dynamic Jurisdiction : Draft assessment order in one city, review in another city and finalisation in a third city. > Adverse Draft Assessment Order shall be provided to taxpayer for response before finalization of the assessment order. > Only a single point of faceless contact between the taxpayer and the Department. > Functional Specialisation for specific parts of assessment by different specialized units. > Team-based assessments and team-based review. > All Response to be submitted electronically. > No human interface and no need to visit the Income Tax Office. > Centralised issue of notices using unique Document Identification Number (DIN) through electronic modes. > Automated random allocation of cases to Assessment Units through computer. Return of a taxpayer belonging to one city would be scrutinized anonymously by AOs based in other city ![]() > Data driven selection of cases for scrutiny using data analytics and Artificial Intelligence. The features of the Faceless Assessment Scheme are: Faceless Assessment is transforming Indian Tax Administration. The Income Tax Department is bringing about a pardigm shift in building the future with technology by pioneering an ecosystem of assessments and appeals founded on Data and AI. The Faceless Assessment Scheme is one of the biggest Direct Tax reforms in India based on Key Principles of Efficiency, Transparency and Accountability.
0 Comments
Leave a Reply. |