A Task Force has been constituted to review the Income-tax Act, 1961 and to draft a new Direct Tax Law in consonance with the economic needs of the country.

In this endeavour of drafting the new tax law, it is imperative to engage with stakeholders and general public. Accordingly, suggestions and feedback are invited from stakeholders and general public in the format provided on the departmental website www.incometaxindia.gov.in.

The format can be downloaded from the website and suggestions/ feedback may be sent through e-mail at [email protected]  latest by 2nd April, 2018.

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Direct Tax Law consultation invites stakeholder feedback on returns, tax credit, scrutiny, disputes, penalties via a detailed questionnaire. A Task Force seeks stakeholder and public feedback to draft a new Direct Tax Law via a downloadable format on the departmental website, to be emailed by the stated deadline. The consultation questionnaire focuses on filing of returns, tax credit and TDS procedures, processing and scrutiny of returns, litigation and recovery mechanisms, and penalty and prosecution regimes, with space for additional suggestions.