Faceless Assessments - Listen to CBDT Member Shri S.K. Gupta's Exclusive Key-note Address!

Episode Duration:
120 minutes

Episode Background:
With several facets of our lives turning “virtual” in the current pandemic times, the taxpayer community faces a paradigm shift in the tax assessment process in the form of Faceless Assessment Scheme, unveiled by the Hon'ble Prime Minister on 13th Aug, as part of the Government’s resolve to provide maximum governance with minimum government. It is touted as the “foundation stone” for transparent tax system and the CBDT is said to have already deployed two-third of its workforce to deal with the faceless assessment scheme. The new system of faceless assessments and appeals shifts cases from territorial jurisdiction to dynamic allocation to a tax officer anywhere in the country.

What shall the episode cover?
In this backdrop, Taxsutra & Taxation Committee of Bombay Chartered Accountants Society [BCAS]  present a special episode on - “All you want to know about ‘Faceless Assessments’ & its Nuances”

We are glad to share that CBDT member Shri S. K. Gupta has delivered the keynote address and enlightened the audience on the nitty-gritties of Faceless Assessments and the CBDT's action plan to make it an administrative success which would ultimately go a long way in delivering on Prime Minister Shri Narendra Modi's promise of a 'Transparent Taxation' regime.  

The key-note address is followed by a panel discussion where Mr. S.K. Gupta is joined by Ms S. Nageswari [Group Tax Head, Tata Sons Limited] and Mr. Rakesh Nangia [Founder & Chairman, Nangia Andersen India]. The panel has deliberated on the key issues affecting stakeholders on ‘Faceless Assessments’. The panel has been moderated by Mr. Ameet Patel [Chairman, Taxation Committee, BCAS] and Taxsutra Group Editor Mr. Arun Giri.