Startup | Income Tax | MSME
Faceless Assessment 2.0: Understanding the New Procedural Flow After Income-tax Bill, 2025
Introduction: Faceless assessment procedure explained. For decades, receiving a scrutiny notice from the Income Tax Department meant repeated visits to the tax office, face-to-face interactions with the Assessing Officer (AO), and a process often clouded by subjectivity and, unfortunately, sometimes allegations of harassment or corruption. The introduction of the Faceless Assessment Scheme marked a paradigm…
