The National Faceless Assessment Centre (NFAC) provided a Standard Operating Procedure (SoP) for the Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU), and Review Unit (RU) beneath the Faceless Assessment provisions of Section 144B of the Income Tax Act, 1961.
SOPs are used to furnish assistance to the units and specify the procedure to ease the assessments as envisaged as per Section 144B of the Income-tax Act.
As per section 144B, the faceless assessment under sub-section (1) would be incurred towards these territorial areas, or persons or class of persons, or incomes or class of incomes, or cases or class of cases, might be mentioned through the Board.
The faceless tax assessment was executed by the government in the former year, the same would be said to be an electric mode via which the taxpayer shall not require to suffer any official and report his grievance.
On the issuance of SOP, NFAC specified that all care would have opted in preparation of SOPs. But in the execution of the SOPs, if any practical issues with the law compliance would be seen, the provision of the law will endure. The kind of SOPs would be only for the use of the department. The same shall be furnished before CBDT approval.
