LatestAccounting And Audit 26 June 2026
ICAI Releases Revised Edition of Income Tax Guidelines
The Institute of Chartered Accountants of India (ICAI) has released a revised edition of the Income Tax guidelines, clarifying the roles of jurisdictional and faceless assessing officers.
Clarification on Jurisdictional and Faceless Assessing Officers
The Institute of Chartered Accountants of India (ICAI) has released a revised edition of the Income Tax guidelines. The revised edition clarifies the roles of jurisdictional and faceless assessing officers.
Key Highlights:
- Clarification on jurisdictional and faceless assessing officers under the Income Tax Law
- Revised guidelines for reassessment and assessment proceedings
- Details on the powers and functions of faceless assessing officers
What's New in the Revised Edition
The revised edition aims to provide clarity on the roles and responsibilities of jurisdictional and faceless assessing officers. It provides detailed guidelines on reassessment and assessment proceedings, as well as the powers and functions of faceless assessing officers.
Read the Full Story
For more information on the revised edition of the Income Tax guidelines, please refer to the official ICAI notification. official ICAI notification
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