15) Transparent Taxation -- Honoring the honest Flashcards
Who has launched this platform ?
PM
Aim ?
To bring transparency in income tax systems and empower taxpayers
Features ?
Faceless assessment
Faceless appeal
Taxpayer charter
How does Faceless Assessment work and help ?
1) Eliminates the interface between the taxpayer and the income tax dept
2) There will be no need for the taxpayer to visit the income tax office or the officer
3) Selection of taxpayer is made through AI
4) This system also abolishes Territorial jurisdiction
How does Faceless Appeal work and help ?
1) Under this, appeals will be randomly allotted to any officer in the country. The identity of the officer deciding the appeal will remain unknown
2) The taxpayer will also not be required to visit the income tax officer or the officer and the appellate decision will be team based and reviewed
What is Taxpayer Charter ?
This outlines the rights and responsibilities of both tax officers and tax payers