Rules Amended To Ease Verification Of Records Submitted In Faceless Tax Assessment
NDTV
Central Board of Direct Taxes has said that rules have been eased to ensure that document verification of faceless assessees is done electronically.
Simplifying the process of authenticating documents of those assessees who opt for faceless assessment, the Central Board of Direct Taxes (CBDT) on Tuesday said that rules have been amended to ensure that verification of their documents is done through electronic verification code or EVC. The new rules have become effective from September 6, 2021. “The amended rules provide that electronic records submitted through registered account of the taxpayers in the Income Tax Department's portal shall be deemed to have been authenticated by the taxpayer by EVC,” a statement issued by the CBDT said.More Related News