Faceless Inquiry or Valuation Scheme, 2022

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ncome-tax Act, 1961 (43 of 1961) , the Central Government hereby makes the following Scheme, namely:- 1. Short title and commencement. - (1) This Scheme may be called the Faceless Inquiry or Valuation Scheme, 2022. (2) It shall come into force with effect from the date of its publication in the Official Gazette. 2. Definitions. (1) In this Scheme, unless the context otherwise requi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... value of any asset, property or investment by a Valuation Officer under section 142A of the Act, shall be in a faceless manner, through automated allocation, in accordance with and to the extent provided in section 144B of the Act with reference to making faceless assessment of total income or loss of assessee. [F. No. 370142/15/2022-TPL] SHEFALI SINGH, Under Secy. - Notifica .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X