CBDT lays out 5 parameters for obligatory number of returns underneath faceless evaluation

CBDT lays out five parameters for compulsory selection of returns under faceless assessment


The Central Board of Direct Taxes (CBDT) has prescribed 5 broad parameters for obligatory number of returns for full scrutiny underneath faceless evaluation for FY 2020-21.

The Board has clarified varied conditions and the parameters foundation which the instances could be chosen for scrutiny, and has specified when scrutiny shall be performed by NeAC or transferred to Central cost.

The choice course of needs to be accomplished by the month finish, subject workplaces have been instructed in letter issued on Thursday. The Board has additionally laid out the rules for evaluation proceedings in such instances.

The broad parameters embrace survey, search and seizure, instances the place discover underneath Section 148 has been issued, instances referring to revocation of registration or approval by authorities underneath Sections 12A / 10(23C) and instances the place notices underneath part 142(1) have been issued calling for return.

“Without prejudice to the above, the cases which are selected for compulsory scrutiny by the International tax and Central charges following above prescribed guidelines… shall continue to be handled by these charges,” the Board clarified.

The authorities has made its intention clear and emphasised its imaginative and prescient for conducting scrutiny masking varied issues by faceless evaluation scheme, consultants mentioned.

“With this, the taxpayers could have the readability as regards the number of their case for scrutiny and have to gear up for the know-how pushed faceless evaluation,” mentioned Sanjoli Maheshwari, director at Nangia Andersen India.

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