New Delhi, Aug 15 (TIWN) A survey by CII has found that the majority of the businesses are of the view that faceless assessment will improve efficiency, transparency and accountability of tax administration.

Around 88 per cent of respondents feel that faceless assessments will help realise the government’s objective of reducing interface and reducing undesirable practices on the part of tax officials.  On the completion of one year of the faceless assessment scheme, CII conducted a survey to gauge industry views on the effectiveness of the scheme, which revealed overwhelming support for the new system.  “The Transparent Taxation Platform, and more particularly the faceless assessment scheme, has been a significant step forward in reassuring businesses about the tax governance and administration system being impartial and data-based,” said Chandrajit Banerjee, Director General, Confederation of Indian Industry (CII).