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What is Project Insight

QuestionsCategory: Income TaxWhat is Project Insight
TANI AGARWAL Staff asked 7 months ago

What is Project Insight

1 Answers
NidhiJain Staff answered 7 months ago

Income tax Department has initiated Project Insight to focus on three goals namely (i) to promote voluntary compliance and deter noncompliance; (ii) to impart confidence that all eligible persons pay appropriate tax; and (iii) to promote fair and judicious tax administration. Under this project, an integrated data warehousing and business intelligence platform is being rolled out in a phased manner. The project also operationalizes two new centres namely Income Tax Transaction Analysis Centre (INTRAC) and Compliance Management Centralized Processing Centre (CMCPC).