Social News XYZ     

Prof K Nageshwar: What is Faceless Tax Assessment (Video)

            ,    ||What is Faceless Tax Assessment||

The PM launched Faceless Assessment and Taxpayers Charter from today. Whereas, Faceless Appeal service will come into force on September 25. What does Faceless Assessment Scheme mean?

The Faceless Assessment Scheme aims to eliminate the human interface between the taxpayer and the income tax department. Take a look at the features of the Faceless Assessment Scheme here:

Selection of a tax payer only through system using data analytics and AI
Abolition of territorial jurisdiction which means a tax payer may belong to one city but the ITR may be assessed in some other city through random selection by computer.
Automated random allocation of cases
Central issuance of notices with Document Identification No.(DNI)
No physical interface and no need to visit the Income Tax Office
Team based assessments and team based review
Draft assessment order in one city, review in another city and finalisation in third city.

 

Facebook Comments
Prof K Nageshwar: What is Faceless Tax Assessment (Video)

About SocialNewsXYZ

An Indo-American News website. It covers Gossips, Politics, Movies, Technolgy, and Sports News and Photo Galleries and Live Coverage of Events via Youtube. The website is established in 2015 and is owned by AGK FIRE INC.