More Time Needed to Investigate Economic Offence under Corruption Act and PMLA Act in Era of AI Technology: Supreme Court Directs to Conclude Trial in Reasonable Time [Read Judgement]
The Supreme Court of India directed to conclude the trial in a reasonable time even though more time was needed to investigate economic offences...
Artificial intelligence to be Used for Compliance under Companies Act: MCA introduces Chatbox to assist with Statutory Filings
In a move to incorporate technology and artificial intelligence into the compliances under the Companies Act, the Ministry of Corporate Affairs (MCA) building a new version of its compliance platform...
CBDT notifies Introduction of Artificial Intelligence for Assessment Proceedings u/s 142 of Income Tax Act, 1961 [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the Faceless Inquiry or Valuation Scheme, 2022 introducing artificial intelligence for the assessment proceedings under section 142 of the Income...
![CBDT notifies Introduction of Artificial Intelligence for Assessment Proceedings u/s 142 of Income Tax Act, 1961 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/03/CBDT-Introduction-Artificial-Intelligence-Assessment-under-section-142-Income-Tax-Act-income-tax-Taxscan.jpg "CBDT notifies Introduction of Artificial Intelligence for Assessment Proceedings u/s 142 of Income Tax Act, 1961 [Read Notification]")
CBDT introduces Artificial Intelligence in Re-Assessments: Notifies E-Assessment of Income Escaping Assessment Scheme, 2022 [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the e-Assessment of Income Escaping Assessment Scheme, 2022 whereby the technology of artificial intelligence shall be used for the reopening of...
![CBDT introduces Artificial Intelligence in Re-Assessments: Notifies E-Assessment of Income Escaping Assessment Scheme, 2022 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/03/CBDT-Artificial-Intelliegnce-Re-Assessments-E-Assessment-Income-Escaping-Assessment-2022-Taxscan.jpg "CBDT introduces Artificial Intelligence in Re-Assessments: Notifies E-Assessment of Income Escaping Assessment Scheme, 2022 [Read Notification]")
CBDT notifies Faceless Jurisdiction of Income Tax Authorities Scheme: Introduces Artificial Intelligence for Income Tax Assessments [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the Faceless Jurisdiction of Income-tax Authorities Scheme, 2022 whereby the Board is using automated allocation to conduct income tax...
![CBDT notifies Faceless Jurisdiction of Income Tax Authorities Scheme: Introduces Artificial Intelligence for Income Tax Assessments [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/03/CBDT-Faceless-Jurisdiction-Income-tax-Authorities-Scheme-Artificial-Intelligence-Income-Tax-Assessments-Taxscan.jpg "CBDT notifies Faceless Jurisdiction of Income Tax Authorities Scheme: Introduces Artificial Intelligence for Income Tax Assessments [Read Notification]")
