Faceless e-assessment scheme for taxpayers launched

Image
Press Trust of India New Delhi
Last Updated : Oct 07 2019 | 7:20 PM IST

Dubbed as a major initiative in the direction of taxation reform, the income tax department on Monday launched a faceless e-assessment scheme to eliminate interface between an assessing officer and a taxpayer.

To begin with, 58,322 income tax cases have been selected under the National e-Assessment Center (NeAC), officially launched by Revenue Secretary Ajay Bhushan Pandey here.

The scheme was to be launched by Finance Minister Nirmala Sitharaman, but due to her official exigencies, including meetings with the prime minister, she could not formally launch the initiative.

He said the initiative, aimed at improving taxpayer's ease and convenience, has been achieved in record time.

The revenue department said the scheme will bring in a "paradigm shift" in taxation by eliminating human interface in the income tax assessment system.

"This will improve taxpayer's ease and convenience," it said.

The NeAC will facilitate the faceless e-assessment scheme across the country and benefit taxpayers, it added.

Ease of compliance for taxpayers, transparency and efficiency, functional specialisation, improvement in the quality of assessment, risk-based and focussed approach, better monitoring and expeditious disposal of cases are some of the salient features of the scheme.

A total of 2,686 officials of the I-T department have been deputed for implementation of the scheme.

In the first phase, the tax department has selected 58,322 cases for scrutiny under the faceless e-assessment scheme 2019 and the e-notices have been served before September 30 for the cases of Assessment Year 2018-19.

Pandey said that with the launch of the NeAC, the income tax department will usher in a paradigm shift in its working by introducing faceless e-assessment to impart greater efficiency, transparency and accountability in the assessment process.

The taxpayers have been advised to check their registered e-filing accounts and e-mails and have been requested to reply within 15 days.

The tax department expects that with the ease of compliance for taxpayers, the cases would be disposed of expeditiously.

Later, talking to reporters, Pandey said, "Anyone whose case is selected for scrutiny will be able to file all the documents online. Now, the officer who is going to assess the case will also be selected randomly," he said and added that the number of cases that are selected for scrutiny is based on certain criteria, including cases where there are serious discrepancies.

To a question, if the government will be providing relaxation in personal income tax, the revenue secretary said: "I have no idea."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 07 2019 | 7:20 PM IST

Next Story