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 12:00AM