Faceless Assessment – Ready or not, it’s here to stay

– Rohit Agarwal TiE Charter Member, Partner, Ernst & Young LLP

Faceless Assessment is a paradigm shift from the conventional system of interacting with the tax officer in person to being completely virtual. A taxpayer will now have to be proactive in maintaining documents, records and reconciliations and will need to upgrade themselves with technological developments to efficiently and effectively function in compliance with this new tax reform. Ready or not, Faceless Assessment is here to stay!