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FACELESS TAX SCRUTINY
I-T dept committees on high-pitched assessments to submit report in about 2 months: CBDTThe local committees have been created in each region of the income tax department, that are headed by a principal chief commissioner rank ...
I-T department issues 3 email IDs for registering grievances under faceless assessment schemeThe IT department issued a message on its official Twitter handle. The tweet said that this move was being introduced to improve taxpayer s...
No proposal for scrutiny of GST assessment in faceless mode: MoS Anurag Singh ThakurIncome tax assessments are being done in a faceless manner except in certain conditions and till March 10, a total of 82,072 assessment cas...
Government looks to extend faceless assessment scheme to 8 more I-T proceedingsBesides, faceless collection and recovery of tax, faceless revision and effect of orders and faceless approval or registration are proposed.
CBDT lays out five parameters for compulsory selection of returns under faceless assessmentThe selection process has to be completed by the month end, field offices have been instructed in letter issued on Thursday. The Board has ...
Big Data to track tax frauds? Govt lens on big deals, stock purchasesWe are getting data not only domestically, but also from 98 other countries with whom we have tax treaties. These will help streamline the ...
I-T dept closely monitoring implementation of faceless assessment schemeAssuaging concerns of the industry on how a taxpayer would explain his/her position to the I-T department, Pandey said the provision of vid...
Income Tax Department to intimate taxpayers under scrutiny about faceless assessmentCBDT had earlier this month notified the NeAC for all communication with taxpayers under the faceless assessment scheme. Since August 13, a...
Search and seizure, international tax cases out of faceless assessment ambit: CBDTThe CBDT, which administers personal and corporate income tax, directed that "all assessment orders shall hereafter be passed by National e...
Faceless scrutiny, appeals to ease taxpayers' compliance burden, increase fairness in tax system: FMModi launched the platform 'Transparent Taxation – Honoring the Honest' which provides for launch of faceless assessment and adoption of a ...
India first nation to adopt randomised faceless assessment: CBDT chairman PC ModyThe shift encompasses setting up several units or teams that will assess, review and verify tax demands or orders at the draft stage, befor...
I-T dept disposes 7,116 assessments under first phase of faceless scrutinyIn the first phase of faceless assessment, a total of 58,319 cases were assigned in an automated way randomly and these were kept away from...
Faceless e-assessment scheme for taxpayers launchedTaxpayers will no longer be subjected to physical scrutiny, can file all documents online under new scheme.
Tax department to promote faceless tax scrutiny: Nirmala Sithamraman“By adopting technology, there are hoping there will be smooth tax scrutiny,” she said.
Budget 2019: 'Faceless assessment' for tax filing gets thumbs up from SitharamanThe aim of a faceless assessment is to cut down the interaction between taxpayer and income tax officer.
Government to revamp procedure for tax assessmentThe suggestion for jurisdiction-free, faceless assessment had first come from an internal task force of CBDT.
I-T assessments to be completely faceless in few years: CBDT chairmanChandra said the taxman, in coming days, will undertake a two-part approach when dealing with an average taxpayer's ITR.