Notification No. 7/2021 [F. No. 370149/154/2019-TPL] / SO 742(E)

Last updated: 19 February 2021

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Quick Summary

This notification, dated 17th February 2021, introduces amendments to the Income Tax Assessment Scheme. It outlines a revised procedure for e-assessments, detailing how the National e-Assessment Centre will serve notices, how assessees can respond within fifteen days, and the process for case allocation to assessment units. The amendments clarify the steps for completing assessments under the scheme, including scenarios where returns have or have not been filed.

NOTIFICATION New Delhi, the 17th February, 2021 S.O. 742(E).In exercise of the powers conferred by sub-section (3B) of section 143 of theIncome-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments inthe notification of the Government of India, Ministry of Fina

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FAQ :

This notification amends the Income Tax Assessment Scheme, specifically detailing the procedure for e-assessments.

An assessee may file their response to the National e-Assessment Centre within fifteen days from the date of receiving the notice.

Cases selected for e-assessment are assigned to a specific assessment unit in a Regional e-Assessment Centre via an automated allocation system.

An assessment unit can request further information or documents from the assessee, request verification by a verification unit, or seek technical assistance from a technical unit.

The National e-Assessment Centre will intimate the assessee if assessment is to be completed under this Scheme in cases where the assessee has furnished a return and a notice under section 143(2) has been issued, or if the assessee has not furnished a return under specific circumstances outlined in the notification.