https://www.taxtmi.com/acts?id=40372 The scheme mandates centralized electronic collection by the Commissioner of Income-tax (e-Verification), automated initial e-verification by communication to the source, and Board-approved risk management to close no/low-risk items. Remaining matters are electronically allocated to a Prescribed Authority for verification, returned as a preliminary verification report to the Commissioner, and matched with assessee returns to produce a final verification report. Low-risk items from the final report are closed; other items are either made available to assessing officers for pending scrutiny or processed for further action under the Act. en-us Tue, 14 Dec 2021 10:45:34 +0530 Tue, 14 Dec 2021 10:45:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40372 The scheme mandates centralized electronic collection by the Commissioner of Income-tax (e-Verification), automated initial e-verification by communication to the source, and Board-approved risk management to close no/low-risk items. Remaining matters are electronically allocated to a Prescribed Authority for verification, returned as a preliminary verification report to the Commissioner, and matched with assessee returns to produce a final verification report. Low-risk items from the final report are closed; other items are either made available to assessing officers for pending scrutiny or processed for further action under the Act. Act-Rules Direct Taxes Tue, 14 Dec 2021 10:45:34 +0530 https://www.taxtmi.com/acts?id=40372