Government big relief to taxpayers now apply for advance tax online | Government gave big relief to taxpayers, now you can apply for advance tax online

[ad_1]

Government has given tax payers to...- India TV Paisa
Photo:FILE

Government gave big relief to taxpayers, now you can apply for advance tax online

Highlights

  • Facility for taxpayers to apply for advance decision through email
  • This will especially benefit the migrant taxpayers
  • Provision for advance tax decision system has been made in the Income Tax Act.

New Delhi. The government has given big relief to advance taxpayers. The ‘e-advance rules scheme’ to facilitate taxpayers to apply for advance decision through email has been notified. This will especially benefit the migrant taxpayers. The Central Board of Direct Taxes (CBDT), while notifying the ‘e-Advance Rulings Scheme’, has said that the hearing before the Advance Rulings Board will be conducted through video conferencing or video telephone, in which taxpayers will also be given a fair opportunity to present their case.

A provision has been made in the Income Tax Act for the Advance Tax Decision System so that the situation can be cleared to the migrant taxpayers. Apart from this, this system is also applicable for certain types of other taxpayers. As per the ‘e-advance rulings scheme’, the applicant himself or through his authorized representative can respond to any notice or order online.

Due to online hearing, applicants living outside the country will also be able to avoid the hassle of traveling. Rakesh Nangia, Chairman, Nangia Andersen India said that with the introduction of the system of applying through email and electronic mode, there will be a lot of convenience for NRIs in hearing tax matters. He said that the new system will prove to be very helpful as most of the applicants who have applied for advance decision are outside the country.

,

[ad_2]

Source
(This is an auto-generated article from syndicated news feed. TEAM BEPINKU.COM may not have modified or edited the article).

About the Author: TEAM BEPINKU.COM

We share trending news and latest information on Business, Technology, Entertainment, Politics, Sports, Automobiles, Education, Jobs, Health, Lifestyle, Travel and more. That's our work. We are a team led by Mahammad Sakil Ansari.

You May Also Like