In pursuance of the announcement in the Union Budget 2024-25 by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman, the Central Board of Direct Taxes (CBDT) has formed an internal committee to oversee a comprehensive review of the Income-tax Act, 1961 (Act). The goal is to make the Act concise, clear, and easy to understand, which will reduce disputes, litigation, and provide greater tax certainty to taxpayers.

The committee invites public inputs and suggestions in four categories:

1. Simplification of Language
2. Litigation Reduction
3. Compliance Reduction, and
4. Redundant/Obsolete Provisions

To facilitate this, a webpage has been launched on the e-filing portal, which can be accessed with the following link:

https://eportal.incometax.gov.in/iec/foservices/#/pre-login/ita-comprehensive-review

The above link is live and accessible to the stakeholders/experts/public in the E-filing portal from 06.10.2024. The stakeholders/experts/public can access the page by entering their name and mobile number, followed up by a validation via OTP.

Suggestions by stakeholders/experts/public should specify the relevant provision of the Income-tax Act, 1961 or Income-tax Rules, 1962 (mentioning the specific section, sub-section, clause, rule, sub-rule, or form number), as the case may be, to which the suggestion relates under the aforementioned four categories.

Income-tax Act review invites public suggestions to simplify language, reduce litigation and compliance burdens through e-filing portal An internal committee of the Central Board of Direct Taxes will comprehensively review the Income-tax Act, 1961 to simplify language, reduce litigation and compliance burdens, and identify redundant or obsolete provisions. The committee invites stakeholders and the public to submit proposals via a dedicated Income-tax e-filing portal page, requiring specification of the precise Act or Rules provision and categorisation under the four review themes, with access subject to basic identification and OTP validation.