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of <h1>CBDT Committee Proposes Standard Definitions for Direct Tax Terms to Improve Data Reporting Consistency.</h1> A committee was formed by the Central Board of Direct Taxes to standardize definitions for terms related to direct tax administration, such as 'taxpayer,' 'tax-base,' and 'non-filer.' The committee proposed definitions based on financial and assessment years. For example, 'tax-base' includes individuals who filed tax returns or had taxes paid or deducted in the past three years, while a 'new taxpayer' is someone not previously in the tax-base but who filed or paid taxes for the first time in the current year. These definitions aim to standardize data reporting and have been accepted for use by the board.
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