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News INCOME TAX

  • Sep 23, 2019
  • Income Tax Return: How taxpayers need to respond to e-assessments

    The faceless and nameless e-assessment initiative was launched by Central Board of Direct Taxes (CBDT) to reduce visits by taxpayers to tax offices and their interface with the taxman, thereby bringing anonymity in proceedings using technology in order to ensure that vested interests do not obstruct the due course of law. With the earlier set of instructions and notifications on e-assessments, the CBDT has now notified E-assessment Scheme 2019 as part of the government’s ambitious plan to usher in a countrywide paperless system of interface between the taxman and the assessee.