New Direct Tax Code – Task Force ask to submit report by 29.02.2019 !!

New Direct Tax Code

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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

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