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Time to review the existing Income-tax Act, to draft New Direct Tax Law extended  by 3 months

New Delhi: The Term of the Task Force constituted to review the existing Income-tax Act, 1961 & to draft a New Direct Tax Law in consonance with economic needs of the country has been extended by 3 months.  

Earlier, suggestions and feedback from the stakeholders and the general public were invited through e-mail at rewriting-itact@gov.in latest by April 2, 2018, in the format provided on the departmental website www.incometaxindia.gov.in.

Since the Term of the Task Force has now been extended by three months. Accordingly, the date for sending suggestions/ feedback is also extended up to June 15, 2018.

 

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