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AI Drafter - (New and Powerful) ✕ Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
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THE INCOME-TAX (No.2) BILL, 2025
As Passes By the Lok Sabha as on 11-8-2025 and Rajya Sabha as on 12-8-2025
Clause by Clause [Section Wise] coming soon...
PDF File
Income tax bill 2025 consolidates tax law, sets residence tests, heads of income, anti avoidance rules and administrative regimes. The Bill consolidates and replaces income tax law, charging income tax on total income for a tax year, defines residence and taxable concepts, classifies income under five heads with detailed computation rules, provides extensive non resident and cross border taxation and transfer pricing rules, introduces a General Anti Avoidance Rule, and establishes administrative, procedural, compliance, penalty and dispute resolution frameworks including faceless processes, PAN, assessments, appeals and sectoral schedules. of Press 'Enter' after typing page number.
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