Faceless E-Assessment for a Taxpayer Friendly Regime
The faceless e-assessment system for income tax currently being piloted in India will eliminate the undesirable practices that emerge when there is scope for individual discretion and subjective judgement. This will put an end to any possible harassment of honest taxpayers. The transparency will also help bring about a substantial increase in the tax base, opines Mr Chandrajit Banerjee, Director General, CII in his article published in The Morning Standard on 6 August, 2020.
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