Quick Summary
Removing date restrictions on framing the schemes in certain cases The Central Government has undertaken a number of measures to make certain processes underthe Act, electronic, by eliminating person to person interface between the taxpayer and the Department to the extent technologically feasible, and provide for optimal utilisation of resources and a team-basedassessment with dynamic jurisdiction. A series of futuristic reforms have been introduced in the domainof Direct Tax administration fo
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FAQ :
Yes, the Central Government has removed the date restrictions, meaning faceless tax schemes can continue beyond March 31, 2025, if required.
The aim is to make tax processes electronic, eliminate person-to-person interface between taxpayers and the Department, and optimise resource utilisation.
The faceless schemes cover sections 92CA, 144C, 253, and 255 of the Act.
The deadline was extended due to challenges encountered during the implementation of the schemes.
These amendments will take effect from April 1, 2025.
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