Income Tax launches Business Intelligence Mobile Application for monitoring purposes
Director of Income tax (Systems) has developed a Business Intelligence (BI) Mobile Application as part of the Project Insight.
The BI Mobile Application includes business intelligence reports in various key areas for monitoring purposes.
It provides collection of business intelligence reports presented in tabular and graphical form with various user defined parameters and filters for various themes which will be handy to ensure the effective tax administration by analyzing the various statistics relating to widening and deepening of tax base.
The reports under following five themes have enabled as of now:
(a) Tax Collection: – This theme provides comprehensive information of Gross Collection, Net Collection and Refund.
(b) Tax Base: – This theme provides comprehensive information on Returns Filer, New Filers, Unique Filers.
(c) Taxpayer Compliance: – This theme provides comprehensive information which would help in monitoring of Non-filer and scrutiny cases
(d) TDS Information: – This theme provides comprehensive information of total number of deductors, payment amount, TDS amount.
(e) International Transaction: – This theme provides information about various remittances (as per Form 15CC) based on Country of remittance and RBI Purpose Code.
The above reports shall be accessible based on the jurisdiction and the data on each theme will be visible based on position/hierarchy of the user.
Amount of taxes on sales comprising in turnover to be excluded while computing gross receipts for estimating net profit -…
Addition u/s 69A confirmed as alleged capital contribution by partners was deposited in bank account of assessee not in account…
Allahabad High Court grants bail to Chartered Accountant accused in a GST evasion to the tune of more than 40…
Every provision invoked casts a different sort of onus on the assessee – ITAT deleted addition u/s 69 towards bogus…
Liability under the Motor Vehicles Act can’t be decided on the grounds of sympathy alone but must be established by…
ICAI notifies Dates of CA Foundation, Intermediate and Final Exams May 2026 The Institute of Chartered Accountants of India has…