HomeBusinessRules Amended To Ease Verification Of Records Submitted In Faceless Tax Assessment

Rules Amended To Ease Verification Of Records Submitted In Faceless Tax Assessment

Rules Amended To Ease Verification Of Records Submitted In Faceless Tax Assessment

Rules for doc verification of faceless assessees have been eased

Simplifying the method of authenticating paperwork of these assessees who go for faceless evaluation, the Central Board of Direct Taxes (CBDT) on Tuesday stated that guidelines have been amended to make sure that verification of their paperwork is completed by way of digital verification code or EVC.

The new guidelines have turn into efficient 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 press release issued by the CBDT stated.

This implies that as soon as an individual submits an digital file by logging into his or her registered account on the revenue tax portal, it will be deemed that the file is authenticated by EVC.

CBDT additionally stated that sure different entities like firms, tax audit instances, and so on. may even be lined below the simplified means of authentication by EVC. 

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments