Thursday, 30, Apr, 2026
 
 
 
Expand O P Jindal Global University
 

CBDT introduces Scheme for usage of Artificial Intelligence in ITR Evaluation, Read Notification


Artificial Intelligence-Virtual Hearing-Technology 1.jpg
04 Apr 2022
Categories: Did you know Latest News

The Central Board of Direct Taxes (CBDT) has notified Scheme for usage of Artificial Intelligence in ITR Evaluation named as the 'Faceless Inquiry or Valuation Scheme, 2022' in order to introduce the under section 142 of the Income Tax Act, 1961.

The scheme's scope has been defined into four points. It has been launched for:

(a) issuing notice under sub-section (1) of section 142 of the Act,

(b) making inquiry before assessment under sub-section (2) of section 142 of the Act,

(c) directing the assessee to get his accounts audited under sub-section (2A) of section 142 of the Act,

(d) estimating the value of any asset, property or investment by a Valuation Officer under section142A of the Act,

Read Notification Here:



Download the LatestLaws.com Mobile App
 
 
Latestlaws Newsletter
 

Publish Your Article

 

Campus Ambassador

 

Media Partner

 

Campus Buzz

 

LatestLaws Guest Court Correspondent

LatestLaws Guest Court Correspondent Apply Now!
 

LatestLaws.com presents: Lexidem Offline Internship Program, 2026

 

LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!

 
 

LatestLaws Partner Event : IJJ

 

LatestLaws Partner Event : Smt. Nirmala Devi Bam Memorial International Moot Court Competition

 
 
Latestlaws Newsletter