CS Professional · Advanced Direct Tax Laws and Practice · Assessment
Under section 273 of the Income-tax Act, 2025, which statement about the safeguard of a hearing in faceless assessment is correct?
The assessment unit makes the written assessment order after considering all relevant material and giving the assessee an opportunity of being heard. Section 273(4)(b)(i) provides this, and the verification, technical and review units merely facilitate the faceless assessment.
- AThe assessment unit makes the assessment order after taking into account all relevant material and after giving the assessee an opportunity of being heardCorrect
- BThe assessment order is passed by the verification unit after examining witnesses
- CThe review unit passes the final assessment order after hearing the assessee
- DThe National Faceless Assessment Centre may pass the order without any opportunity of being heard if the case is selected for faceless assessment
Explanation
Section 273(4)(b)(i) states the assessment unit makes the assessment of total income or loss by a written order after considering all relevant material and giving the assessee an opportunity of being heard. It may also initiate penalty proceedings. Verification and review units only facilitate the assessment.
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