Faceless Tax Assessment need Refinement

In an effort to improve the effectiveness of IT Department's faceless tax assessment facility, the industry approached CBDT, demanding the execution of crucial changes to reduce turmoil and legal complications.

Faceless Tax Assessment

Reetu | Nov 18, 2023 |

Faceless Tax Assessment need Refinement

Faceless Tax Assessment need Refinement

In an effort to improve the effectiveness of the Income Tax Department‘s faceless tax assessment facility, the industry approached the Central Board of Direct Taxes (CBDT), demanding the execution of crucial changes to reduce turmoil and legal complications.

Tax professionals recently highlighted concerns to the CBDT about the difficulties taxpayers face in dealing with India’s complex tax assessment procedures. While the present faceless system was intended to speed operations, it has accidentally resulted in ad hoc additions, leaving taxpayers with doubts and a lack of human interaction to handle notices.

Empower India, a major public policy research group, has addressed these concerns in a letter to the CBDT. The letter not only highlights the issues that taxpayers confront, but it also makes helpful proposals to improve the evaluation process for improved efficacy and fairness.

The industry’s request for improvements to the faceless tax assessment system shows a collaborative effort to ensure that the introduction of technology-driven processes matches seamlessly with taxpayer needs and expectations. The sector hopes to contribute to a more transparent, accessible, and user-friendly tax assessment framework by campaigning for a reduction in turmoil and legal snags.

The continued interaction between sector leaders and the CBDT represents a collaborative approach to enhancing the faceless tax assessment system, emphasising the significance of balanced and responsive tax administration. Stakeholders anticipate beneficial adjustments that will not only address present difficulties but also build the groundwork for a more efficient and equitable tax assessment ecosystem in the future as conversations progress.

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