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How would e assessment proceedings impact me?

How would e assessment proceedings impact me?

How would e assessment proceedings impact me?

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Kanishka Apr. 06, 2023

E-assessment proceedings refer to the online assessment of income tax returns by the Income Tax Department, where you (taxpayer) and the tax department exchange information and documents through electronic means.

If you are a taxpayer and your income tax returns are selected for e-assessment proceedings, then you may face the below impacts:

  1. Faster processing: E-assessment proceedings can lead to faster processing of your income tax returns as it eliminates the need for physical documents to be submitted and processed.
  2. Increased efficiency: The use of technology in e-assessment proceedings can increase efficiency and reduce errors, resulting in more accurate assessments.
  3. Increased transparency: E-assessment proceedings offer greater transparency as all communications and notices are sent electronically, and you can track the status of the assessment online.
  4. Reduced physical interaction: E-assessment proceedings can reduce physical interaction with tax officials.