sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Direct Tax »
 GST Council meet: Realtors get two options to tax under construction house
 Relief for start-ups with tax notice
 CBDT gives 90 startups immunity from Angel Tax
 Which form should salaried individual and pensioner file? Find out Income Tax Return (ITR) filing
 Net direct tax collection crosses ?10 lakh crore mark
 CBDT Widens Tax Dragnet on Notional Income through Section 56(2), but Loopholes Remain
 No respite from Angel Tax despite DPIIT notification
 Filing income tax returns before March 31 deadline? 5 TIPS to avoid last-minute calculation MISTAKES
 You may not be able to claim Income Tax refund, file ITR! Do this in the next 14 daysa
 How and when TDS deductions can be avoided
 Income Tax Department unearths huge violations in TDS deduction

I-T e-assessment: CBDT notifies new communication scheme
March, 03rd 2018

The Central Board of Direct Taxes (CBDT) has notified a new centralised communication scheme for serving e-notices to income tax-payers as part of the government's ambitious plan to usher in a countrywide paperless system of interface between the taxman and the assessee.

The Central Board of Direct Taxes (CBDT) has notified a new centralised communication scheme for serving e-notices to income tax-payers as part of the government's ambitious plan to usher in a countrywide paperless system of interface between the taxman and the assessee.

The scheme stipulates that an internet-based independent centralised communication centre (CCC) will be established in the Income Tax department that will "issue notice" to any person (under section 133C of the Income Tax Act), who is required to furnish information or documents, for the purpose of verification, to the taxman.

The CBDT, the policy-making body of the tax department, said in the notification, which was issued on February 22, that the scheme would ensure that "no person shall be required to appear personally or through authorised representative before the designated authority (of the I-T department) at the centralised communication centre in connection with any proceedings."

The notification, a copy of which is with PTI, stipulates that such notices will be issued by the designated tax department officials, who would only use their digital signature and send them to the assessees through e-mail, followed by an intimation through a text message. A machine-readable device kept at the CCC will receive the responses from the taxpayers.

The CCC has also been tasked with running a "sustained campaign" to ensure compliance (by the taxpayer) by sending emails, SMSes, reminders, letters and phone calls. It will also host a call centre to answer the queries and grievances of the taxpayers.

Finance Minister Arun Jaitley, in his budget speech earlier this month, had announced that the electronic assessment of tax returns would be launched in the country, which would "almost eliminate person-to-person contact, leading to greater efficiency and transparency".

"The notification of the scheme is a step forward to roll out the e-assessment project pan-India. Few more orders to enable the new regime will be issued in the coming days," a senior official said.

CBDT Chairman Sushil Chandra, in a post -budget interview to PTI, had said the e-assessment of a taxpayer would henceforth be handled by two officers, instead of the current system involving a single assessing officer (AO).

He had also said the scheme would be launched in all the cities where the I-T department had an officer of the rank of principal commissioner.

The CBDT chief had said the pilot project conducted over the last few years had been successful and that 60,000 limited scrutiny cases and a few full scrutiny cases were conducted by the department till now.

The new regime of e-communication is expected to be voluntary and taxpayers can take a call on whether to conduct their dealings over the e-system or through the existing procedure of manual submission of documents by visiting the tax office.

Once the taxpayers register themselves on the official I-T web portal, they will get a confirmation through a text message as well as e-mail.

The functionality to conduct the e-proceedings would be available for all types of notices, questionnaires and letters issued under various sections of the I-T Act, the CBDT had earlier said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System development CMS development Content Management Solutions CMS Solutions Content Management Services CMS Services CMS Software

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions