Tuesday, August 4, 2020

Income Tax Department to complete all Faceless E-Assessments by mid-September

3,130 tax personnel, including 600 IT officers are busy implementing the Faceless e-Assessment scheme of Income Tax. Out of 58,319 cases selected for faceless assessment, already 8,700 cases have been disposed off. The scheme, first announced by the Finance Minister Ms. Nirmala Sitharaman in the 2019 budget speech, is seen as a big leap towards […]

from Taxscan | Simplifying Tax Laws https://ift.tt/39SWbX7

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