Association of persons or body of individuals or artificial juridical person formed for a particular event or purpose - Income Tax Bill, 2025 - Old Version
Association of persons or body of individuals or artificial juridical person formed for a particular event or purpose - Income Tax Bill, 2025 - Old Version
Scheme-making power lets the government notify and modify tax rules to remove direct interfaces and improve efficiency. The Central Government may, by notification, make schemes to improve efficiency, transparency and accountability by eliminating interface with assessees ... Summary
Scheme-making power lets the government notify and modify tax rules to remove direct interfaces and improve efficiency.
The Central Government may, by notification, make schemes to improve efficiency, transparency and accountability by eliminating interface with assessees where technologically feasible and optimising resource utilisation; such notifications may exclude or modify application of any provisions of the Act as specified, permit amendment of prior interface-eliminating schemes, and must be laid before each House of Parliament.
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