How does the new ‘Faceless Assessments’ system under Section 144B of the Income Tax Act differ from the ‘Conventional Manual Mode of Assessments’?

How does the new ‘Faceless Assessments’ system under Section 144B of the Income Tax Act differ from the ‘Conventional Manual Mode of Assessments’? https://www.taxtmi.com/manuals?id=3692 Comparison between Faceless Assessments under Section 144B and conventional manual assessments focuses on the mode of interaction: conventional assessments required physical notices served to the assessee and filing of hard copy responses with personal interactions at income tax offices, whereas Faceless Assessments send all notices and communications to the taxpayer's registered e filing account and require electronic responses via the e Filing portal, with assessing officers reviewing submissions in the Income Tax Business Application (ITBA) module. en-us Mon, 18 Dec 2023 14:45:00 +0530 Mon, 18 Dec 2023 15:04:00 +0530 TaxTMI RSS Generator How does the new ‘Faceless Assessments’ system under Section 144B of the Income Tax Act differ from the ‘Conventional Manual Mode of Assessments’? https://www.taxtmi.com/manuals?id=3692 Comparison between Faceless Assessments under Section 144B and conventional manual assessments focuses on the mode of interaction: conventional assessments required physical notices served to the assessee and filing of hard copy responses with personal interactions at income tax offices, whereas Faceless Assessments send all notices and communications to the taxpayer's registered e filing account and require electronic responses via the e Filing portal, with assessing officers reviewing submissions in the Income Tax Business Application (ITBA) module. Manuals Income Tax Mon, 18 Dec 2023 14:45:00 +0530 https://www.taxtmi.com/manuals?id=3692