Tax department must trust assesses says Jaitley

TIL Desk/Business/New Delhi-Making a case for increasing the taxpayer base, Finance Minister Arun Jaitley has said the government’s intention is to keep taxation rate “moderate” and emphasised that tax department needs to start trusting the assessees.  He also said that all grey areas are being made clearer when it comes to taxation and the tax department.

“Ease of communicating with tax department is going to continue. All the grey areas, the unclear areas I think by virtue of clarifications and notifications are now increasingly becoming clear,” Jaitley said. In the last few months, procedures have been simplified and the “assessees have never seen such an easy and friendly approach of the taxation department”, he noted.

His remarks also come against the backdrop of various initiatives being taken to ensure that the taxation system becomes more friendly towards taxpayers. Listing out various measures aimed at simplifying the procedures, Jaitley said dispute resolution mechanism has been put in place at the appeals stage with respect to tax matters.