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Faceless Assessment Scheme

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Don't Want IT Notice? Read This NOW!

Tax evaders, BEWARE!The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints. Kindly note this illustration generated using......

Oppn grills govt over PM CARES Fund, questions its transparency

Members of opposition parties like the Congress, the Dravida Munnetra Kazhagam and the Trinamool Congress on Saturday opposed in Lok Sabha the setting up of the PM CARES Fund, alleging that it......

Full text: President Murmu's address to Parliament's Budget Session

‘Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the......

FULL TEXT: President's address to Parliament

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session. Honourable Members, This joint sitting of......

Faceless Assessment Scheme To CHANGE?

The finance ministry has initiated an internal survey of the faceless regime to examine its effectiveness.Shrimi Choudhary reports. Illustration: Uttam Ghosh/Rediff.com   The department......

Faceless assessment: Fresh SOPs issued to address taxpayers' conflicts

The faceless authority has suggested a host of changes in the assessment process following conflicts and practical difficulties raised by taxpayers since the new regime was introduced.......

Faceless scheme: Changes that revenue officers want

Some of the proposals include redrafting transfer and placement policy for IRS officers, strengthening the cadre restructuring, rebranding of IRS, robust deputation policy and creation of encadred......

Budget wishlist: Industry seeks easier tax rules, dispute fixes

With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.......

Faceless tax e-assessment begins; 58,222 notices sent

Though the system is called faceless, it would have a room for inviting tax payers through video conferencing. IMAGE: Revenue Secretary Dr Ajay Bhushan Pandey (3rd from left) inaugurates the......

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