NFAC issued SOP for Faceless Assessment
The National Faceless Assessment Centre (NFAC) has issued Standard Operating Procedure (SOP) for the Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU), and Review Unit (RU) under the Faceless Assessment provisions of Section 144B of the Income Tax Act, 1961.
SOPs provide guidance to the Units and outline the process for facilitating assessments as envisaged under the provision of section 144B of the Income-tax Act.
All care has been taken in the preparation of the SOPs. However, in the implementation of the SOPs if any practical difficulty or conflict with the statute is noticed, then the provisions of the Statute shall prevail.
“These SOPs are strictly for departmental use only. This is issued with the prior approval of the CBDT,” NFAC stated.
For Official Notification Download the PDF Given Below: