The Faceless

View: The only way to cure the fear of taxation is to respect the honest taxpayer

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View: The only way to cure the fear of taxation is to respect the honest taxpayer

Synopsis The faceless assessment scheme is a major change in the work flow and processes of the I-T department that has always functioned in well-defined geographical areas. Dynamic sphere of control — where a tax return filed in, say, Delhi would be looked into by a team of tax officials stationed in, say, Chennai — … Read more

I-T dept disposes 7,116 assessments under first phase of faceless scrutiny

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I-T dept disposes 7,116 assessments under first phase of faceless scrutiny

New Delhi: The Income Tax department has disposed of 7,116 cases under the first phase of faceless assessment system, an official source said. Since its launch on October 7, 2019 and implementation of first phase, faceless scrutiny assessment scheme has provided for assessment of income tax in electronic mode, where taxpayers need not see face-to-face … Read more