The Central Board of Direct Taxes (CBDT) has asked the faceless assessment units to make provisions for completion of assessments in a systematic and time-bound manner. It also directed tax officials to keep reassessments, penalty proceedings, and refund matters on ‘priority’ in the first half of the current fiscal year (2022-23).
In a recent action plan floated by the apex decision-making body in matters of income-tax (I-T), it said at least 30 per cent of the faceless assessments and penalty proceedings should be disposed of by end-June. The time limit for their completion expires on September 30.
Faceless assessment units identify issues,