As per the press release issued on 4th Aug, 2020 by Ministry of Finance, the Income Tax Department is hoping to complete all Faceless e-Assessments by mid-September 2020.
The scheme, first announced by the Finance Minister Ms. Nirmala Sitharaman in the 2019 budget speech, is seen as a big leap towards transparent tax administration.
“This is the first time that we are doing the faceless e-assessment. The work has picked up since July, after having addressed all the issues related to infrastructure, manpower, hardware and software. Our target is to finish all the cases by mid-September” said S K Gupta, Principal Chief Commissioner of Income Tax and Member, Central Board of Direct Taxes (CBDT).
The National e-Assessment Centre in Delhi is the single point of contact for the taxpayer as well as for all units conducting the assessment.
Read Press Release: