The Income Tax Department has issued guidelines on sharing or demarcation of the role of officers for implementation of unrecognised tax return assessment. The National E-Assessment Centre will be the main gateway to contact taxpayers.
New Delhi: The Income Tax Department has issued guidelines on sharing or demarcation of the role of officers for implementation of unrecognisable tax return assessment. The National E-Assessment Centre will be the main gateway to contact taxpayers. The Central Board of Direct Taxes has notified the NEAC and various Regional e-Assessment Centres (REAC) in Delhi for implementation of faceless assessment scheme scheme in 20 cities. “Neac/NEAC/NAC) said in detailed guidelines for implementation of the scheme. REAC will manage facebook assessment process.’
It says that all operations will be done electronically, for which the NEAC will be the gateway. “Reac officers and employees will work on assessment and verification under the Income Tax Act, but the department will work on assessing and verifying, but the department will do the same by assessing and verifying the taxpayers/employees,” the CBDT has clarified. Third party contact can be done only in the name of NEAC. Reac will not do any contact in this regard,” he said.
Directorate of Investigation to have the right to serve all kinds of fees
The guidelines further state that the right to survey under the Income Tax Act will now be with the Directorate of Inquiry. “The survey for international taxation charges or any other fee will be done in collaboration with the Directorate of Investigation,” said Shailesh Kumar, partner, Nangia & Co LLP.
What is Faceless Tex Scheme
PM Modi has announced the Faceless Assessment Scheme by implementing the Textiles Charter on Thursday (August 13). The new scheme will come into effect from September 25, 2020. So far, the income tax department of the city could investigate, but now the authorities of any state or city can investigate. After the new scheme, the computer will now decide which tax assessment will be made. This will also determine the computer review itself. This will cause problems for those who do not adopt wrong or pay taxes.
Source: zeenews.india.com
