What Is The Full Form Of CASS In Income Tax?
CASS full form in income tax is Computer-Assisted Scrutiny Selection. It’s a tool used by the Income Tax Department in India to pick which income tax returns to check more closely. The system makes a selection based on specific rules to pick returns that are likely to be having issues or mistakes. It is part of a wider system referred to as the Income Tax Business Application (ITBA). The CASS is, therefore, fully technology and data analytics-oriented to be in a position to detect anything short of adhering to the provisions of the law on taxes.
How Does CASS Work?
CASS works through the ITBA portal. It picks cases to look at more closely based on rules set by the Central Board of Direct Taxes (CBDT). In case a return is taken up for examination, a notice under section 143(2) of the Income-tax Act will be sent to the taxpayer. The said notices may be communicated electronically or through the National e-Assessment Centre (NeAC), depending upon the type of review, such as faceless assessments or cases involving international taxes. In this way, the process will be fairer as it reduces the probability of human errors or bias.
Data Integration and Access:
CASS is linked with the ‘Insight Portal’. This is where tax officers can look at detailed profiles and past compliance of taxpayers. They can even have a previous return, financial ratio, and other major activities with just a click. These help in making a more detailed review.