The taxpayer would have 15 days to respond to the notice and file a response to the Centre. The government on Thursday notified a scheme to revamp the assessment of income-tax (I-T) returns by making ...

It aims to facilitate faceless assessment of income tax returns through completely electronic communication under which taxpayers will receive notices on their registered e-mails as well as on ...

The finance ministry on Thursday notified its much-touted e-assessment scheme for conducting faceless assessment of income-tax returns. While tax professionals are unanimous in their agreement that ...

The government of India, over the last few years, has taken various steps to reduce human interface between the tax administration and taxpayers through the use of information technology. In October ...

The e-proceedings facility introduced by the income tax (I-T) department from 2017-18 can lead to erroneous assessments as officials conclude these without “personal hearing” of the assessees, the ...

The faceless and nameless e-assessment initiative was launched by Central Board of Direct Taxes (CBDT) to reduce visits by taxpayers to tax offices and their interface with the taxman, thereby ...

Tax reforms, for both direct and indirect taxes, have been one of the key focus areas of the Union government over the past few years. The shift has been towards rationalisation, simplification, ...