Notification No. 61/2020 [F. No. 370149/154/2019-TPL] / SO 2746(E)

Last updated: 14 August 2020

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This notification, S.O. 2746(E) dated 13th August 2020, introduces amendments to the Faceless Assessment Scheme. The term "E-assessment" has been replaced with "Faceless Assessment". It also details specific sections of the Income-tax Act, 1961, that will apply to assessments made under this scheme, with certain exceptions and modifications.

NOTIFICATION

New Delhi, the 13th August, 2020

INCOME-TAX

S.O. 2746(E). —In exercise of the powers conferred by sub-section (3B) of section 143 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, published in the Gazette of India, Extraordinary, vide number S.O 3265 (E) dated the 12th September, 2019, namely: —

1. In the said notification, —

(1) in the opening portion, for the word “E-assessment”, the words “Faceless Assessment” shall be substituted.

(2) for clause 1, the following clause shall be substituted, namely:— “1. The provisions of clause (7A) of section 2, section 92CA, section 120, section 124, section 127, section 129, section 131, section 133, section 133A, section 133C, section 134, Chapter XIV, and Chapter XXI of the Act shall apply to the assessment made in accordance with the said Scheme subject to the following exceptions, modifications and adaptations, namely:

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FAQ :

The primary change is the substitution of the term "E-assessment" with "Faceless Assessment" in the scheme.

Notification No. 61/2020 was issued on the 13th August, 2020.

Several sections are mentioned, including clause (7A) of section 2, sections 92CA, 120, 124, 127, 129, 131, 133, 133A, 133C, 134, and Chapters XIV and XXI of the Act.

Yes, the notification states that the mentioned sections shall apply subject to certain exceptions, modifications, and adaptations.

This notification amends the notification of the Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, published vide number S.O 3265 (E) dated the 12th September, 2019.