Glitch-free faceless assessment addressed industry fears: P C Mody

Of the 57,985 cases picked for assessment during its pilot last year, orders have been passed in 46,822 cases

Eight months since its roll-out, the faceless assessment mechanism has proved to be a success for the income tax department, with 1.06 lakh cases being disposed off so far in a ‘glitch-free manner,’ said Central Board of Direct Taxes’ Chairman P C Mody, in an interview with Business Standard.  He added that the smooth functioning has addressed industry apprehensions related to an increase in litigation and high-pitch assessment. A crucial aspect of the faceless scheme is a pointed questionnaire by the department and a to-the-point reply by the assesse, he explained.
 
Of the 57,985 cases picked for assessment during