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Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Consider the following statements with respect to ' Transparent Taxation-Honoring the Honest ' :

1. It is part of taxation reforms initiative of government.
2. It consists of faceless Appeal ,faceless assessment and taxpayer charter.
3. It provides obligation only for tax department and not taxpayers.

Which of the above statement/s is/are correct ?

A
1 and 2 only
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B
2 and 3 only
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C
1 and 3 only
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D
None of the above
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Solution

The correct option is A 1 and 2 only
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> The platform was launched to make the life of taxpayers easier and to honor the honest .The taxpayer charter is one of the three pillars of this reforms and it consists of obligations of both tax department and taxpayer.

The measure is expected to instill transparency,reduce human interface and therefore discretions in appeal and assessment procedures thereby reducing corruption.

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