Income tax dept serves notices to over 44,000 cases under e-assessment scheme
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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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