October 8, 2024 8:37 AM October 8, 2024 8:37 AM
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CBDT forms Internal Committee to oversee comprehensive review of Income Tax Act
The Central Board of Direct Taxes (CBDT) has formed an Internal Committee to oversee a comprehensive review of the Income Tax Act, 1961. The Ministry of Finance said that the goal of this committee is to make the Act concise, clear, and easy to understand, which will reduce disputes, litigati...