Notification No. 60/2020 [F.No. 370149/154/2019-TPL] / SO 2745(E)

Last updated: 14 August 2020

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This notification introduces amendments to the E-assessment Scheme, 2019, which is now renamed the Faceless Assessment Scheme. The changes include replacing the term 'E-assessment' with 'Faceless Assessment' throughout the scheme. Additionally, it expands the scope of assessments to include Section 144 and introduces a definition for 'Rules' as the Income-tax Rules, 1962. Further amendments clarify the inclusion of 'audit' in assessment processes and adjust terminology for sub-paragraphs and paragraphs.

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 13th August, 2020

S.O. 2745 (E). —In exercise of the powers conferred by sub-section (3A) of section 143 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the E-assessment Scheme, 2019 published vide notification of the Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, in the Gazette of India, Extraordinary, vide number S.O 3264 (E) dated the 12th September, 2019, namely: —

1. In the said Scheme, —

(1) in sub-paragraph (1) of paragraph 1, for the word “E-assessment”, the words “Faceless Assessment” shall be substituted;

(2) in sub-paragraph (1) of paragraph 2, —

(i) in clause

(iii), after the words, brackets, and figures “under sub-section (3) of section 143”, the words and figures “or section 144” shall be inserted; (ii) after clause (xxiii), the following clause shall be inserted, namely: — “(xxiiia) “Rules” means the Income-tax Rules, 1962;”

(3) in paragraph 4, —

(i) in clause (v) of sub-paragraph (1), after the words “forensic, information technology, valuation,”, the word “audit,” shall be inserted; and

(ii) in sub-paragraph (3), the word “sub-paragraphs” shall be substituted by the word “clauses” and the word “paragraph” shall be substituted by the word “sub-paragraph”.

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FAQ :

The main change is the renaming of the E-assessment Scheme, 2019 to the Faceless Assessment Scheme, 2019, and the substitution of the term 'E-assessment' with 'Faceless Assessment' throughout the scheme.

Besides Section 143(3), the scheme now includes assessments under Section 144.

Yes, a new clause defines 'Rules' as the Income-tax Rules, 1962.

The word 'audit' has been inserted into the list of functions within the assessment process.

Yes, 'sub-paragraphs' has been substituted by 'clauses', and 'paragraph' has been substituted by 'sub-paragraph'.

Notification No : 60/2020
Source : https://www.incometaxindia.gov.in/communications/notification/notification_60_2020.pdf

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