More Than 1 Lakh Income Tax Cases Settled Under Faceless Assessment Scheme

income-tax

Chairman of the Central Board of Direct Taxes (CBDT) PC Mody has informed that since the Faceless Assessment Scheme has been rolled out, the Income Tax department has settled about 1.15 lakh assessment orders which constitute 58 percent of the cases allocated for such resolution.

Till date, 57,985 legacy cases and 1,36,001 new cases were allocated in faceless assessment scheme. Out of these, 46,822 legacy cases and 59,552 new cases have been disposed of.

Further, out of the total 4,12,046 cases assigned to National Faceless Assessment Centre (NFAC) under Faceless Appeal Scheme till date, notices were issued in 3,64,389 cases and final orders were issued in 14,743 cases.

 

Income Tax Cases

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Knowledge Source:

IT Department will have Direct Access to Capital Gains Data from FY 2021-22

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