Income tax dept serves notices to over 44,000 cases under e-assessment scheme
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After the launch of e-assessment facility in October last year, out of 58,322 cases selected for faceless assessment, digitally signed notices were served in 44,285 cases (as on date), as announced by ministry of finance.
The e-assessment scheme will usher a paradigm shift in a way tax proceedings are carried out. In a bid to curb harassment of taxpayers, a faceless e-assessment scheme was announced by Finance Minister Nirmala Sitharaman while presenting her maiden budget in 2019.
The scheme is part of the government’s efforts to reduce human discretion in the assessment and scrutiny of tax returns that in turn could help eliminate possibilities of corruption. #casansaar (Source - PTI, LiveMint)
The e-assessment scheme will usher a paradigm shift in a way tax proceedings are carried out. In a bid to curb harassment of taxpayers, a faceless e-assessment scheme was announced by Finance Minister Nirmala Sitharaman while presenting her maiden budget in 2019.
The scheme is part of the government’s efforts to reduce human discretion in the assessment and scrutiny of tax returns that in turn could help eliminate possibilities of corruption. #casansaar (Source - PTI, LiveMint)
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