Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Service Tax »
Open DEMAT Account in 24 hrs
 Central Govt Extended Time Limit to File Refund Claim of Service Tax on Exported Goods: CESTAT allows Refund
 Filing Income Tax Return Early? Make Sure To File Correct Details
 ITR 3 What is ITR 3 Form & How to File ITR-3?
 ITR Filing 2024: How To Claim Tax Refund Online, Check Step-by-step Guide To Know Status
 Income tax return filing for FY23-24: Check details of Form 16 issue date, ITR forms
 How to maximize tax benefits for senior citizens in India
 Income tax return filing: ITR filing 2024 date is upon us, but should you rush to file?
 Income Tax Return AY 2024-25: ITR-1, ITR-2, ITR-4 Enabled for Online Filing; Check Details
 New Tax Regime: What Is It? How Can You Opt For It? Comparison With Old One
 6 Ways to Save Income Tax On New & Old Tax Regime for FY 2023-24
 Income Tax SFT return filing due date extension: Facility to remain open for a couple of days Latest news

Income tax department starts e-assessment centre. How faceless assessment works
October, 07th 2019

Making income tax assessment process nameless and faceless, income tax department's National e-Assessment Centre (NeAC) was launched in New Delhi today.

The Central Board of Direct Taxes (CBDT) has issued a circular few days ago directing that during the financial year 2019-20, all assessment proceedings should be conducted electronically.

It has also directed taxman that for smooth conduct of assessment proceedings through 'E-Proceeding', requisition of information in cases under ' E-Proceeding' should be sought after a careful scrutiny of case records.

How income tax e-assessment system works:

Under the new e-assessment system, tax assesses will receive notices on their registered emails as well as on registered accounts on the web portal www.incometaxindiaefiling.gov.in with real time alert by way of SMS on their registered mobile number. The issues will be specified on email and on the portal.

All such communication will have a document identification number (DIN), using which you can search it on the income tax e-filing portal.

To reply to any income tax notice, you are not supposed to visit any income tax office or send letters by post, unless its an exception case. All taxpayers have to reply to any notice or letter from the tax department electronically through their account on the income tax department's e-filing portal.

After your reply is received, the NeAC will allocate the case to an assessing officer using an automated system.

"The new initiative shall impart greater efficiency, transparency and accountability in the assessment process. There would be no physical interface between the tax payers and the tax officers," the finance ministry said.

The income tax department has also issued a list of exceptional cases where e-proceedings will not be carried out: Cases where the Income Tax Return (ITR) was filed in the paper mode and the assessee concerned does not yet have an e-filing account; assessment being framed in non-PAN (permanent account number) cases; cases where there are administrative difficulties, complex cases or there are certain extraordinary circumstances.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting