Tuesday, February 18, 2020

Faceless tax assessment system prone to errors: HC

The court, however, said electronic-assessment — introduced to curb cases of corruption and harassment of tax payers by officials— was a laudable initiative. The HC made the observations while hearing a writ petition filed by a Coimbatore-based chit fund company against certain additions made by the assessing officer, over cash deposits of Rs 67.37 lakh during the note ban period.

from Personal Finance News-Wealth-Economic Times https://ift.tt/37GYnhE

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