Income Tax Department invites general public for drafting Direct Tax Law

Income Tax Department invites general public for drafting Direct Tax Law : Income Tax Department'sTask Force has invitedsuggestions and feedback on the Income-tax Act from the stakeholders and general public. The questionnaire had various questions on topics likeFiling of return of income,Tax Credit,Processing/ Scrutiny of return,Litigation and recovery of disputed tax demand &Penalty and Prosecution. The Department has also welcomed new suggestions Copy of the questionnaire can be found in below mentioned link. draft-questionnaire-task-force The official press release has been presented for your reference.

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Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes

New Delhi, 21st March, 2018.

PRESS RELEASE

Stakeholder engagement by the Task Force drafting the new Direct Tax Law A Task Force has been constituted to review the Income-tax Act, 1961 and to draft a new Direct Tax Law in consonance with the economic needs of the country. In this endeavour of drafting the new tax law, it is imperative to engage with stakeholders and general public. Accordingly, suggestions and feedback are invited from stakeholders and general public in the format provided on the departmental website www.incometaxindia.gov.in. The format can be downloaded from the website and suggestions/ feedback may be sent through e-mail at [email protected] latest by 2nd April, 2018.

(Surabhi Ahluwalia) Commissioner of Income Tax (Media & Technical Policy) Official Spokesperson, CBDT