Quick Summary
The Ministry of Finance took to Social Media and tweeted that the number of scrutinies has reduced drastically in the past assessment years. For the AY 18-19, it has reduced to 0.25%. The Minister also announced that the department aims to complete all the faceless e-assessment cases by the mid of September this year. Here is what the tweet said:
"IT Department is changing -from just enforcement to facilitating better taxpayer services. No. of cases selected for scrutiny reduced drastically over the years - 0.71% in AY 2015-16, 0.40%in AY 2016-17, 0.55% in AY 2017-18 & 0.25% in AY 2018-19."
FAQ :
The number of income tax returns selected for scrutiny for Assessment Year 2018-19 has been reduced to 0.25%.
The scrutiny rate has decreased significantly, from 0.71% in AY 2015-16, to 0.40% in AY 2016-17, 0.55% in AY 2017-18, and 0.25% in AY 2018-19.
The IT Department is shifting its focus from just enforcement to facilitating better taxpayer services.
The department aims to complete all faceless e-assessment cases by the middle of September this year.
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