Poonam Kishore Saxena Current Affairs, GK & News

Sanjeev Sharma head of CBDT panel to help bring down tax litigation]

The Central Board of Direct Taxes (CBDT) has formed a four-member committee to look into the matter of taxation related pain points and submit its final report and recommendations by mid-March 2019. Its recommendations could include applying a filter for tax officer before a notice is issued and setting a time limit for concluding an ..

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The Union Government constitutes task force to draft new Direct Tax Law

The Government of India (GoI) had constituted an 8-member task force under CBDT member Arvind Modi in November 2017 to review the Income-tax Act of 1961 and to draft a new Direct Tax Law in consonance with the economic needs of the country. Recently, the Central Board of Direct Taxes (CBDT) has invited suggestions and ..

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