Quick Summary
For easing the process of authentication of electronic records in faceless assessment proceedings, the Government has amended Income-tax Rules, 1962 (the Rules) vide notification no G.S.R. 616(E) dated 6thSeptember, 2021. The amended Rules provides that electronic records submitted through registere
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FAQ :
The CBDT has amended the rules to simplify the authentication of electronic records submitted in faceless assessment proceedings.
Electronic records submitted through a taxpayer's registered account on the Income-tax Department's portal are now deemed authenticated by an electronic verification code (EVC).
This simplified process now extends to persons like companies and those in tax audit cases, who were previously required to use digital signatures.
Previously, certain taxpayers, including companies and those in tax audit cases, were mandatorily required to authenticate electronic records using a digital signature.
It means that by submitting an electronic record via their registered account on the Income-tax Department's portal, the taxpayer is considered to have officially authenticated it with an EVC.
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