TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2021: Tax Assessment Completion Time Cut to 9 Months u/ss 143 & 144.</h1> The Finance Bill, 2021 proposes to reduce the time limit for completing tax assessments under Sections 143 and 144 of the Act to nine months from the end of the assessment year, effective from April 1, 2021. This follows previous reductions to 18 months for A.Y. 2018-19 and 12 months for A.Y. 2019-20. The change aligns with the Faceless Assessment Scheme, which eliminates direct taxpayer interaction and uses a team-based, electronic approach to improve efficiency. The shorter time frame aims to ease taxpayer compliance and enhance the Department's ability to quickly address tax evasion.
TaxTMI 
TaxTMI 