Comprehensive review of the Income-tax Act, 1961
October 7, 2024
Pdf file of attachment: Not Available
The Hon’ble FM in Budget 2024-25 announced a comprehensive review of the Income-tax Act, 1961 to simplify it for taxpayers, reduce disputes, and ensure greater tax certainty.
CBDT has formed a committee to oversee this review and invites public inputs in following areas:
1️⃣ Simplification of Language
2️⃣ Litigation Reduction
3️⃣ Compliance Reduction
4️⃣ Redundant/Obsolete Provisions
Please submit suggestions at: https://eportal.incometax.gov.in/iec/foservices/#/pre-login/ita-comprehensive-review
