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of <h1>Finance Bill 2021: Amendment to Section 142(1)(i) Enables Centralized, Automated Tax Notices for Unfiled Returns.</h1> The Finance Bill, 2021 proposes an amendment to Section 142(1)(i) of the Act, which empowers the Assessing Officer to issue notices to individuals who have not filed their income returns. The amendment seeks to extend this authority to a prescribed income-tax authority, facilitating the issuance of notices in a centralized and automated manner. This change aligns with the government's policy of making tax processes faceless, minimizing direct interaction between taxpayers and the Department. The amendment is set to take effect from April 1, 2021, as part of the broader reforms in the Budget 2021-22.
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