Income-tax officials give thumbs down to govt's faceless assessment move
Dubbed an important initiative in tax reforms, the government launched the faceless assessment scheme in a bid to eliminate the interface between the assessee and the tax officer
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Officials say the department is facing issues in implementation of faceless scrutiny and this could hit tax revenue collections
The Centre’s plan of faceless assessment has not gone down well with income-tax officials. Days before its introduction on October 7, they had sent a complaint letter to the Central Board of Direct Taxes (CBDT), claiming that the new scheme was implemented in a “hurry without considering the concerns of the majority of the stakeholders”.
Topics : Income tax CBDT Central Board of Direct Taxes