Question ID :
40792
Impact on ongoing physical Income Tax Proceedings due to Faceless Assessment Scheme,2019
CBDT issued the order dated 13.08.2020 as power given u/s-119 under Income Tax Act,1961.
Order mentioned that all assessments orders w.e.f 13.08.2020 will be issued under Faceless Proceedings,2019 meaning thereby that even assessment going on under old regime also subject to Faceless Scheme,2019 or just notice issues after 13.08.2020 will be subject to Faceless Assessment Scheme?
Posted by
JIMESH SHAH
on
Aug 19, 2020
Filed Under
DIRECT TAXES
Only scrutiny assessment carried out on or after 12.09.2019 are subject to faceless assessment scheme.
Posted by
CA. chunauti dholakia on
Aug 29, 2020