Faceless Rectification, Amendments, and Notice of Demand
Introduction
Section 157A empowers the Central Government to implement a Faceless Scheme for conducting rectifications, amendments, demand notices, and intimation of loss in an automated and electronic manner.
Scope of the Scheme
The Faceless Scheme covers:
- Rectification of Mistakes (Section 154)
- Amendments (Section 155)
- Issuance of Demand Notices (Section 156)
- Intimation of Loss (Section 157)
Objectives
The scheme aims to enhance:
- Efficiency and transparency by eliminating direct interactions between taxpayers and tax authorities.
- Automation and resource optimization through economies of scale.
- Team-based rectifications and amendments under a dynamic jurisdiction system.
Government Directions
- The Central Government is authorized to issue modifications or exemptions to existing provisions for effective implementation.
- Any changes must be notified before 31-03-2022 and presented before both Houses of Parliament.