Central Board of Direct Taxes restarts proceedings under faceless scheme


Mumbai: The Central Board of Direct Taxes on Monday lifted an embargo on e-communication with taxpayers under the faceless scheme, issuing a circular asking its officers to reach out to assessees and start proceedings in all pending cases. The CBDT has set a target of completing 5,000 assessments a week, according to the circular that ET has seen.

To ensure that tax officers don’t come across harsh to the assessees facing the brunt of the Covid-19 pandemic, the board has suggested a preface that the officers need to carry while sending out the notices. “It is advisable to start all communications with the following preface: ‘We appreciate the anxiety and uncertainty that is facing all of us in the times of Covid-19. This communication is to assist you in ending the uncertainty which is pending e-assessment in your case for AY 18-19’,” it said.

The cases where partial response is on record may be prioritised, said the circular issued by the office of the National e-Assessment Centre, Delhi. The CBDT in a circular on May 8 had asked its officers to not have any adverse communication with the assesses in the wake of the pandemic and lockdown and their effect on the economy.


Source link

Articles You May Like

Trump should benefit from stock market, but maybe not this election
Snap earnings Q3 2020
Here’s where Biden and Trump stand on your taxes
The NBA made it through its pandemic season, now it looks to 5G and VR in a post-Covid world
Got cash? Here’s how to handle an unexpected inheritance

Leave a Reply

Your email address will not be published. Required fields are marked *