I-T dept for more on e-assessment to reduce human interface

The effort by CBDT will also be to cross the income tax collection target set for current fiscal by use of big data analytics, said a statement.

The Income Tax department will work towards broadening of tax base and maximising e-assessment to cut down on human interface, an official statement said.
 
 The effort by CBDT will also be to cross income tax collection target set for current fiscal by use of big-data analytics, said the statement. 
 
The statement was made at the end of the two-day annual retreat of central and state government tax officers. 
 
"The CBDT aims to add a sizeable number of new taxpayers in the current fiscal," an official statement said. 
 
The conference also deliberated on the strategies to widen the ambit of taxpayers, with the help of data collected during demonetisation and SFT (statement of financial transactions).
 
Source: Media reports
 

Event date: 
Monday, September 4, 2017

Add new comment