ICAI J&K branch delegation meets Income Tax Commissioner to discuss key taxation issues

Jammu, May 23: A delegation from the Jammu & Kashmir Branch of the Institute of Chartered Accountants of India (ICAI), led by Chairman CA Sourav Pargal, Vice Chairman CA Amit Gupta, and Executive Member CA Ayush Sawhney, met with Kacho Mehboob Ali Khan, Commissioner of Income Tax (Appeals), to discuss several key taxation concerns affecting taxpayers and professionals in the region.

The discussion focused on expediting the disposal of pending income tax appeals, timely implementation of appeal effects, and addressing challenges in the Faceless Assessment system. The ICAI representatives highlighted the need for enhanced collaboration between the tax department and the CA community to ensure a more efficient and taxpayer-friendly ecosystem.

The delegation assured the Commissioner of the CA fraternity’s full support in promoting fair compliance with tax laws and raising awareness about accurate and timely tax filing. They also underscored ICAI’s role as a bridge between stakeholders and tax authorities, advocating for transparency and mutual understanding.

The J&K Branch of ICAI reaffirmed its commitment to working closely with the Income Tax Department for the overall improvement of the taxation system, benefiting both the public and professionals alike.