The taxpayer would have 15 days to respond to the notice and file a response to the Centre. The government on Thursday notified a scheme to revamp the assessment of income-tax (I-T) returns by making ...

It aims to facilitate faceless assessment of income tax returns through completely electronic communication under which taxpayers will receive notices on their registered e-mails as well as on ...

The e-proceedings facility introduced by the income tax (I-T) department from 2017-18 can lead to erroneous assessments as officials conclude these without “personal hearing” of the assessees, the ...

It is often said that one of the reasons of non-compliance with income tax provisions by many taxpayers is their fear regarding huge paper-work and dealing with arbitrary or corrupt officials in the ...

Tax reforms, for both direct and indirect taxes, have been one of the key focus areas of the Union government over the past few years. The shift has been towards rationalisation, simplification, ...

Weeks after Finance Minister Arun Jaitley promised to remove face-to-face interaction for tax assessment, the Income Tax Department has reportedly said that all the future tax scrutiny would happen ...