The nomenclature of the scheme has now been changed to
"Faceless Assessment Scheme" from the existing "E-assessment
Scheme".
The government
modified some aspects of the e-assessment scheme introduced last year after
Prime Minister Narendra
Modi unveiled the Taxpayers' Charter.
The nomenclature
of the scheme has now been changed to "Faceless Assessment Scheme"
from the existing "E-assessment
Scheme".
The most important aspect of the new procedure is the coverage of "best
judgment assessment" in case of a non-co-operative assessee. Earlier, it
could only be done by the jurisdictional assessing officer. Jurisdictional
officers may sometimes be familiar with taxpayers and contact and convince them
to co-operate with the assessment proceedings, especially in cases where
taxpayers would miss the notices inadvertently.
Now, even in these
cases, assessment can be done on instructions of the national e-assessment
centre (NeAC).
"Thus,
taxpayers would need to be extra careful to comply with the notices issues by
the NeAC as missing of notices may result in issuance of adverse best-judgement
orders, without the tax officer contacting, convincing them to complete the
proceedings," said Shailesh Kumar, partner at Nangia & Co LLP.
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