Section 142B: Faceless inquiry or Valuation. - (1) The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of issuing notice under sub-section (1) or making inquiry before assessment under sub-section (2), or directing the assessee to get his accounts audited under sub-section (2A) of section 142, or estimating the value of any asset, property or investment by a Valuation Officer under section 142A, so as to impart greater efficiency, transparency and accountability by

Q: What does Section 142B of The Taxation Laws (Amendment) Act, 2021 (TTLAA) deal with?

Section 142B TTLAA pertains to "Faceless inquiry or Valuation. - (1) The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of issuing notice under sub-section (1) or making inquiry before assessment under sub-section (2), or directing the assessee to get his accounts audited under sub-section (2A) of section 142, or estimating the value of any asset, property or investment by a Valuation Officer under section 142A, so as to impart greater efficiency, transparency and accountability by". It is part of the The Taxation Laws (Amendment) Act, 2021, a legislation enacted by the Parliament of India. Section 142B of The Taxation Laws (Amendment) Act, 2021 (TTLAA) governs faceless inquiry or Valuation. - (1) The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of issuing notice under sub-section (1) or making inquiry before assessment under sub-section (2), or directing the assessee to get his accounts audited under sub-section (2A) of section 142, or estimating the value of any asset, property or investment by a Valuation Officer under section 142A, so as to impart greater efficiency, transparency and accountability by. As verified on 19 May 2026.

Q: Is Section 142B TTLAA still in force?

Yes, Section 142B of the The Taxation Laws (Amendment) Act, 2021 is currently in force across the Republic of India.

Q: What is धारा 142B TTLAA?

धारा 142B TTLAA is the Devanagari Hindi reference for Section 142B of the The Taxation Laws (Amendment) Act, 2021. Section 142B of The Taxation Laws (Amendment) Act, 2021 (TTLAA) governs faceless inquiry or Valuation. - (1) The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of issuing notice under sub-section (1) or making inquiry before assessment under sub-section (2), or directing the assessee to get his accounts audited under sub-section (2A) of section 142, or estimating the value of any asset, property or investment by a Valuation Officer under section 142A, so as to impart greater efficiency, transparency and accountability by. As verified on 19 May 2026.

Q: What is Dhara 142B TTLAA?

Dhara 142B TTLAA is the Roman Hindi reference for Section 142B of the The Taxation Laws (Amendment) Act, 2021. "Dhara" means "Section" in Hindi. Section 142B of The Taxation Laws (Amendment) Act, 2021 (TTLAA) governs faceless inquiry or Valuation. - (1) The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of issuing notice under sub-section (1) or making inquiry before assessment under sub-section (2), or directing the assessee to get his accounts audited under sub-section (2A) of section 142, or estimating the value of any asset, property or investment by a Valuation Officer under section 142A, so as to impart greater efficiency, transparency and accountability by. As verified on 19 May 2026.

Q: How to cite Section 142B of The Taxation Laws (Amendment) Act, 2021?

Cite as: "Section 142B, The Taxation Laws (Amendment) Act, 2021 (TTLAA)" in legal briefs. For academic writing, use the BlueBook format: The Taxation Laws (Amendment) Act, 2021, § 142B (India).

Law on Tips Editorial Board

eliminating the interface between the income-tax authority or Valuation Officer and the assessee or any person to the extent technologically feasible;

optimising utilisation of the resources through economies of scale and functional specialisation;

introducing a team-based issuance of notice or making of enquiries or issuance of directions or valuation with dynamic jurisdiction.

(2)

The Central Government may, for the purpose of giving effect to the scheme made under sub-section (1), by notification in the Official Gazette, direct that any of the provisions of this Act shall not apply or shall apply with such exceptions, modifications and adaptations as may be specified in the notification:

Provided that no direction shall be issued after the 31st day of March, 2022.

(3)

Every notification issued under sub-section (1) and sub-section (2) shall, as soon as may be after the notification is issued, be laid before each House of Parliament.";

(XXIII) in section 143, with effect from the 1st day of April, 2021,-

(i) in sub-section (3B), in the proviso, for the figures "2022", the figures "2021" shall be substituted;

(ii) after sub-section (3C), the following sub-section shall be inserted, namely:-

(3D)

Nothing contained in sub-section (3A) and sub-section (3B) shall apply to the assessment made under sub-section (3) or under section 144, as the case may be, on or after the 1st day of April, 2021.";

(XXIV) after section 144A, the following section shall be inserted with effect from the 1st day of April, 2021, namely:-