CBDTNotificationNotification No. 18/2022/F. No. 370142/16/2022-TPL(Part129 Mar 2022

e-Assessment of Income Escaping Assessment Scheme, 2022

Deadline: 29 Mar 2022 · 1681 days ago · Date of commencement of the Scheme
Who: The Central Government makes the Scheme for assessment, reassessment or recomputation and issuance of notice under the Income-tax Act, 1961.
Action: The authority conducts assessment, reassessment, recomputation under section 147 and issuance of notice under section 148 through automated allocation and in a faceless manner.

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What changed

The Central Board of Direct Taxes makes the e-Assessment of Income Escaping Assessment Scheme, 2022. The scheme applies to assessment, reassessment, recomputation under section 147 of the Act, and issuance of notice under section 148 of the Act. The authority conducts these actions through automated allocation using artificial intelligence and machine learning. The authority conducts these actions in a faceless manner to the extent provided in section 144B of the Act. The scheme comes into force on 2022-03-29.

What you must do

The authority conducts assessment, reassessment, recomputation under section 147 and issuance of notice under section 148 through automated allocation and in a faceless manner.

Key dates

Effective from: 29 Mar 2022
Date of commencement of the Scheme: 29 Mar 2022

Who is affected

The Central Government makes the Scheme for assessment, reassessment or recomputation and issuance of notice under the Income-tax Act, 1961.

Ask about this notification

Written automatically from the official document. It is not a professional review, so check material decisions against the official record.

Document text

Prepared for reading; wording retained from the source.

Official source

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 29th March, 2022

S.O. 1466(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 151A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following Scheme, namely:-

Short title and commencement.—(1) This Scheme may be called the e-Assessment of Income Escaping Assessment Scheme, 2022.

(2) It shall come into force with effect from the date of its publication in the Official Gazette.

Definitions.––(1) In this Scheme, unless the context otherwise requires, ––

(a) ―Act‖ means the Income-tax Act, 1961 (43 of 1961);
(b) ―automated allocation‖ means an algorithm for randomised allocation of cases, by using suitable technological tools, including artificial intelligence and machine learning, with a view to optimise the use of resources.

(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.

Scope of the Scheme.––For the purpose of this Scheme,––

(a) assessment, reassessment or recomputation under section 147 of the Act,
(b) issuance of notice under section 148 of the Act, shall be through automated allocation, in accordance with risk management strategy formulated by the Board as referred to in section 148 of the Act for issuance of notice, and in a faceless manner, to the extent provided in section 144B of the Act with reference to making assessment or reassessment of total income or loss of assessee.

[Notification No. 18/2022/F. No. 370142/16/2022-TPL(Part1] SHEFALI SINGH, Under Secy.

Source details

Official title: notification no. 18/2022 f. no. 370142/16/2022 tpl part1 / so 1466 e e assessment of income escaping assessment scheme 2022
Source: Central Board of Direct Taxes / Income Tax Department
Type: notification
Published by source: 29 Mar 2022
Document number: Notification No. 18/2022/F. No. 370142/16/2022-TPL(Part1
Issuing division: CENTRAL BOARD OF DIRECT TAXES
Effective date: 29 Mar 2022
Coverage area: direct-tax

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