Our Services
Faceless Assessment & Appeal
Faceless Assessment & Appeal
Hon’ble Prime Minister of India launched a ‘Transparent Taxation’ platform on 13 August 2020 for faceless assessments, faceless appeals and a taxpayer’s charter . The ‘Faceless Assessments Scheme, 2019’ (Scheme) will go a long way in ensuring a transparent and uniform Direct Tax administration system in India. With intended use of state of the art technology, not only does this Scheme gel well with the motto to provide ‘Maximum Governance with Minimum Government’, it will also result in savings of substantial resources, both for the government as well as the taxpayers.
Meru & Associates carries vast experience in handling Income Tax Assessment and appellate proceedings before Income Tax Authorities with a Big4 background. We provide the following services:
- Review of notices issued by the Faceless Assessment center and online submission before Income Tax authorities in connection with the Scrutiny assessment proceedings and defending the positions adopted by the assessee in the return of income.
- In-depth review of the information/ draft submissions to be filed with the authorities specified above to defend the tax positions adopted by the assesseein its tax returns for the period under review
- In-depth research of any technical arguments to be put forth before the Tax Authorities to defend the tax positions adopted by the assesseein its tax returns for the period under Assessment
- Preparation of detailed technical submissions in response to queries raise by the Tax authorities specified above and to defend the tax positions adopted by assesseein its tax returns for the period under Assessment.
- Virtual meetings before Tax authorities and discussions with the authorities specified above to discuss and file the technical and factual submissions relating to assessment proceedings and;
- Post completion of scrutiny assessment, drafting/filing of submissions with the ITA regarding any penalty proceedings, stay of demand letter including rectification applications, if applicable.
- Reviewing the assessment order issued by the Indian Revenue Authorities and determined in conjunction with assessee, the need to challenge such order in appeal.
- Drafting of appeal papers and online submission of same& attending virtual meeting before Tax Authorities.
FREQUENTLY ASKED QUESTIONS
Q.1. What is Faceless Assessment?
Faceless Assessment is a system introduced by the government to digitize the tax assessment process, ensuring transparency and eliminating human interface. Your case will be processed online without physical interaction with tax officers, improving efficiency and reducing errors.
Q.2. Who can opt for Faceless Assessment?
All taxpayers, including individuals and businesses, who are eligible for Income Tax Assessments can opt for faceless assessments. The process is applicable for cases that do not require direct interaction with tax authorities.
Q.3. What is the process for Faceless Appeal?
Faceless Appeal allows taxpayers to contest their tax assessments online. After receiving a notice of assessment, you can file an appeal through the Income Tax e-filing portal. The entire appeal process is conducted without physical meetings, ensuring complete transparency.
Q.4. What are the benefits of Faceless Assessment and Appeal?
The system offers benefits such as faster resolution, reduced chances of errors, elimination of corruption, and no physical meetings, all of which make the process more taxpayer-friendly and efficient.
Q.5. Can I get assistance with Faceless Assessment and Appeal?
Yes, as your Chartered Accountant, we can assist in navigating the faceless assessment and appeal process, ensuring compliance, timely submission of documents, and strategic representation to secure a favorable outcome.