https://www.taxtmi.com/circulars?id=66328 Faceless assessment under Section 144B sets procedural duties for Assessment Units to verify assignments, issue structured questionnaires using departmental databases, enforce response timelines and centralized non compliance communications, and to refer discrete physical or non digital matters to the Verification Unit. AU may initiate penalties or issue show cause notices for best judgment assessment under Section 144 where variations are proposed; technical, valuation and legal assistance is to be sought from Technical Unit in prescribed formats with PCIT approvals, while Review Unit examines ILDPs and forwards reasoned reports to NaFAC before draft and final orders are issued using prescribed ITBA formats. en-us Wed, 03 Aug 2022 00:00:00 +0530 Mon, 27 May 2024 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66328 Faceless assessment under Section 144B sets procedural duties for Assessment Units to verify assignments, issue structured questionnaires using departmental databases, enforce response timelines and centralized non compliance communications, and to refer discrete physical or non digital matters to the Verification Unit. AU may initiate penalties or issue show cause notices for best judgment assessment under Section 144 where variations are proposed; technical, valuation and legal assistance is to be sought from Technical Unit in prescribed formats with PCIT approvals, while Review Unit examines ILDPs and forwards reasoned reports to NaFAC before draft and final orders are issued using prescribed ITBA formats. Circulars Income Tax Wed, 03 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66328