Faceless Assessment proceedings - Income-tax Authorities of Units specified shall exercise the powers and functions of AO concurrently, to facilitate the conduct of Faceless Assessment proceedings - Amendment in Notification No. 61/2022 dated the 10th June, 2022 - 10/2023 - Income Tax Act, 1961
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Faceless Assessment proceedings: amendment omits specified schedule entry, enabling units to exercise AO powers concurrently. The Central Board of Direct Taxes, under section 120 of the Income-tax Act, issues Notification No.10/2023 amending Notification No.61/2022 by omitting Sl. No.3298 and the entries relating thereto from the SCHEDULE; the amendment takes effect from the date of publication in the Official Gazette.
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Faceless Assessment proceedings: amendment omits specified schedule entry, enabling units to exercise AO powers concurrently.
The Central Board of Direct Taxes, under section 120 of the Income-tax Act, issues Notification No.10/2023 amending Notification No.61/2022 by omitting Sl. No.3298 and the entries relating thereto from the SCHEDULE; the amendment takes effect from the date of publication in the Official Gazette.
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