e-Verification Scheme, 2021 - 137/2021 - Income Tax

Extract

..... ew to optimise the use of resources;” (e) “Commissioner of Income -tax (e-Verification)” means the prescribed income - tax authority under section 133C of the Act read with rule 12D of the Income-tax Rules,1962; (f) “computer resource” shall have the same meaning as assigned to it in clause (k) of sub-section (1) of section 2 of the Information Technology Act, 2000 (21 of 2000); (g) “computer system” shall have the same meaning as assigned to it in clause (l) of sub-section (1) of section 2 of the Information Technology Act, 2000 (21 of 2000); (h) “designated portal” means the web portal designated as such by the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems), as the case may be; (i) “digital signature” shall have the same meaning as assigned to it in clause (p) of sub-section (1) of section 2 of the Information Technology Act, 2000 (21 of 2000); (j) “electronic record” shall have the same meaning as assigned to it in clause (t) of sub-section (1) of section 2 of the Information Technology Act, 2000 (21 of 2000); (k) “e-mail” or “electronic .....

X X X X Extracts X X X X

e-Verification Scheme, 2021 - 137/2021 - Income Tax

X X X X Extracts X X X X

..... me; (q) “rules” means Income-tax Rules, 1962; (r) “scrutiny assessment” means assessment under section 143 or section 144 or section 147 or section 153A or section 153C of the Act; (s) “video telephony” means the technological solutions for the reception and transmission of audio-video signals by users at different locations, for communication between people in real-time. (2) Words and expressions used herein and not defined but defined in the Act shall have the meaning respectively assigned to them in the Act. 3. Scope of the Scheme.- (1) The scope of the Scheme shall be in respect of: (i) calling for information under section 133 of the Act; (ii) collecting certain information under section 133B of the Act; (iii) calling for information by the prescribed income-tax authority under section 133C of the Act; (iv) exercise of power to inspect registers of companies under section 134 of the Act; and (v) exercise of power of Assessing Officer under section 135 of the Act. (2) The Scheme shall be applicable to exercise the functions referred to in sub-paragraph (1) for processing or utilisation of the information which is,- (i) in possession of the Pr .....

X X X X Extracts X X X X

e-Verification Scheme, 2021 - 137/2021 - Income Tax

X X X X Extracts X X X X

..... ion is required, shall be processed for closure. (6) The remaining information shall be transferred electronically by the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems), as the case may be, to the Prescribed Authority through a process of automated allocation system. (7) The verification of the information so allocated, shall be completed by the Prescribed Authority in the manner as per the procedure laid down in this regard by the Director General of Income-tax (Intelligence and Criminal Investigation),with the prior approval of the Board. (8) The information verified as above, shall be sent back electronically in the form of a preliminary verification report for verification to the Commissioner of Income-tax (e-Verification). (9) The Commissioner of Income-tax (e-Verification) shall match the preliminary verification report with the information in the return of income of the respective assessee, where such return is available electronically and prepare a final verification report. (10) Based on the final verification report, the information found to be low risk in accordance with the criteria approved by the Board shall be considere .....

X X X X Extracts X X X X

e-Verification Scheme, 2021 - 137/2021 - Income Tax

X X X X Extracts X X X X

..... ation) and various authorities from whom the information is received, shall be in the electronic mode; (b) all communications between the Commissioner of Income-tax (e-Verification) and the Director General of Income-tax (Intelligence and Criminal Investigation), shall be in the electronic mode; (c) every notice or any other communication under this Scheme from the Prescribed Authority shall be delivered to the person or his authorised representative electronically, to the extent technologically feasible; (d) the person or the authorised representative shall furnish his response to any notice or any other electronic communication, under this Scheme, to the Prescribed Authority electronically, to the extent technologically feasible; (e) all communications between the Commissioner of Income-tax (e-Verification) and the Faceless Assessing Officer or the Jurisdictional Assessing Officer shall be conducted through the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), as the case may be. 10. Authentication of electronic record.-For the purposes of this Scheme, an electronic record shall be authenticated by the - (i) Commissioner of Income .....

X X X X Extracts X X X X

e-Verification Scheme, 2021 - 137/2021 - Income Tax

X X X X Extracts X X X X