CBDT lays out Guidelines for Compulsory Selection of Returns for Complete Scrutiny under Faceless Assessment for FY 2020-21 [Read Circular]

CBDT - compulsory selection - complete scrutiny - faceless assessment - Taxscan

The Central Board of Direct Taxes (CBDT) on Thursday prescribed broad parameters for compulsory selection of returns for complete scrutiny under faceless assessment for Financial Year 2020-21.

The Board while  Keeping in view of the Faceless Assessment Scheme,2020 implemented by the Department and the difficulties being faced amid COVID-19 pandemic, the parameters for compulsory selection of returns for Complete Scrutiny during Financial Year 2020-21 and conduct of assessment proceedings in different cases.

The broad parameters include survey, search and seizure, cases where notice under Section 148 has been issued, cases relating to revocation of registration or approval by authorities under Sections 12A/10(23C) and cases where notices under section 142(1) have been issued calling for return. 

“Without prejudice to the above, the cases which are selected for compulsory scrutiny by the International tax and Central charges following above prescribed guidelines… shall continue to be handled by these charges,” the Board clarified. 

The government has made its intention clear and emphasised its vision for conducting scrutiny covering various matters through faceless assessment scheme.

The selection process has to be completed by the month’s end, field offices have been instructed in a letter issued on Thursday. The Board has also laid out the guidelines for assessment proceedings in such cases.

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