New Direct Tax Code – Task Force ask to submit report by 29.02.2019 !!
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi , 26th November ,2018
PRESS RELEASE
Task Force for drafting a New Direct Tax Legislation
In order to review the Income –tax Act, 1961 and to draft tax law in consonance with the economic needs of the country , a Task Force was constituted by the Government of India in November ,2017
In partial modification of the earlier order , the Government has appointed Shri Akhilesh Ranjan , Member ( Legislation ) , CBDT as Convenor of the task force . Other members of the Task remain unchanged .
The Task Force shall submit its report to the Government by February 28, 2019
( Surabhi Ahluwalia)
Commissioner of Income Tax
Official Spokesperson , CBDT