Income Tax: NFAC issues SoP for Faceless Assessment [Read Circular]

Income Tax - NFAC - SoP - Faceless Assessment - taxscan

The National Faceless Assessment Centre (NFAC) has issued a Standard Operating Procedure (SoP) for the Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU) under the Faceless Assessment provisions of Section 144B of the Income Tax Act, 1961. The SOPs provide guidance to the Units and outline the process for facilitating…

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