Certified Facilitation Centres for ACES
THE Finance Minister has approved the proposal to set up Certified Facilitation Centres (CFCs) for ACES throughout India , with effect from April, 2010, by the Members of the Institute of Chartered Accountants of India (ICAI). CBEC is in the process of entering into an MOU with ICAI shortly. This will help the assessees, particularly those who do not have the requisite IT infrastructure or resources, to use the facilities of CFCs to digitize and upload their documents to ACES on payment of service charges, at rates approved by CBEC, to the Chartered Accountants, running the CFCs. The free-of-cost services under ACES will, however, continue to be available to those assessees who directly use ACES on their own.
Why only CFCs set up by CAs? Why not provide an opportunity to institutes of CWAs or CSs?