The Central Board of Direct Taxes has issued new rules for faceless collection of information from taxpayers, where mismatches are detected. The scheme is notified under a provision in Income Tax Act 135A that proposes faceless information gathering aimed at imparting efficiency, transparency and accountability by eliminating the interface between the income-tax authority and the assessee. Please refer to the notification here.
© 2022. USISPF Tax Forum. All rights reserved.