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Transparent Taxation – Honoring The Honest
- 14 Aug 2020
- Prime Minister Narendra Modi on 13th August 2020 launched the platform for 'Transparent Taxation – Honoring the Honest' aimed at easing compliance and expediting refunds, benefiting honest taxpayers.
Three main features of the platform are
- Faceless Assessment: It will eliminate the interface between the taxpayer and the income tax department. There will be no need for the taxpayer to visit the income tax office or the officer.The selection of a taxpayer is possible through systems using analytics and Artificial Intelligence.
- Faceless Appeal: Under the system, appeals will be randomly allotted to any officer in the country. The identity of the officer deciding the appeal will remain unknown.
- Tax Payers' Charter:This outlines the rights and responsibilities of both tax officers and taxpayers.
When will it be implemented?
- While the faceless assessment and taxpayers’ charter came into force on 13th August 2020, the faceless appeal system will be available from September 25, birth anniversary of DeendayalUpadhyaya.
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