CURRENT AFFAIRS

Detailed explanation-1: -Revenue Secretary Shri Ajay Bhushan Pandey inaugurated National e-Assessment Scheme (NeAC) here today in the presence of CBDT Chairman Shri P.C. Mody and Members Shri P.K.

Detailed explanation-2: -National Faceless Assessment Centre to exercise powers and functions of Assessing Officer concurrently, to facilitate the conduct of Faceless Assessment proceedings. Notification No. 6/2021 [F. No.

Detailed explanation-3: -The guidelines have been issued by the income tax department for limiting the roles of the officers for doing the faceless assessment by creating the National e-assessment centre(NeAC) the primary gateway in communicating with taxpayers.

Detailed explanation-4: -A ‘National e-Assessment Centre’ has been set-up in order to impart transparency, accountability and greater efficiency in the assessment process, thereby controlling the working of assessment smoothly. It is located in Delhi.