In order to review the existing Income-tax Act, 1961 and to draft a new direct tax law, the Govt. had constituted a Task Force. Task Force was required to submit its report to Government by extended date of May 31, 2019. The said term has now been extended by CBDT by another two months. Task force will now require to submit its report by July 31, 2019 refer order #IncomeTax
#NewDirectTax
#NewIncomeTax
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