Tax dept forms internal committee to review I-T Act, invites public suggestions

  • Oct 08, 2024
  • Admin

The Income Tax department on Monday announced the formation of an internal committee to review the Income-tax Act and invited public inputs and suggestions on four key areas — simplification of language, litigation reduction, compliance reduction, and obsolete provisions. The Central Board of Direct Taxes (CBDT), the body overseeing the Income Tax Department, in a statement said the public can send their suggestions on the website by entering their mobile number and validating it via one-time password (OTP).

“The committee invites public inputs and suggestions in four categories: simplification of language, litigation reduction, compliance reduction, and redundant/obsolete provisions.

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