It will facilitate the faceless e-assessment scheme across the country and benefit taxpayers
The national tax e-assessment centre (NeAC) was launched on September 7 by Revenue Secretary Ajay Bhushan Pandey. It will facilitate the faceless e-assessment scheme across the country and benefit taxpayers.
Finance Minister Nirmala Sitharaman had announced NeAC in her maiden budget speech and said that the high level of personal interaction between the taxpayer and the Department which leads to 'certain undesirable practices on the part of tax officials' will be eliminated.Sakshi Batra chats with Moneycontrol Deputy Executive Editor Gaurav Choudhary to find out more about NeAC.The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .