31/08/2020
What is the Faceless Assessment Scheme? Is this another "GST" to just confuse us in all the ways possible? No....
Faceless Assessment means Taxpayers no longer need to physically appear before any tax authority and all the assessment proceedings will now be digital. An online portal will be available, on which taxpayers can login and find all their info available in one single spot.
This will allow you to get rid of all paperwork, requirement to visit ITR offices or suffering at the hand of corrupt officers. The new process is entirely simplified, and all you need to do is login to your account on the online portal and all your information will be accessible to you anywhere, anytime, in one single spot.
This scheme actually looks promising and can really transform things if implemented properly. "IF" is the real factor here.