https://www.taxtmi.com/news?id=15123 A committee is charged with simplifying the Income Tax Act, 1961 by identifying provisions causing litigation or impeding ease of doing business, reviewing jurisprudence for areas suitable for simplification, and proposing modifications to enhance predictability and certainty without materially affecting the tax base or revenue. The committee may form sub groups, publish draft recommendations for public consultation, finalise proposals after stakeholder input, and submit recommendations in batches within its one year term. en-us Wed, 28 Oct 2015 09:37:04 +0530 Wed, 28 Oct 2015 09:37:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15123 A committee is charged with simplifying the Income Tax Act, 1961 by identifying provisions causing litigation or impeding ease of doing business, reviewing jurisprudence for areas suitable for simplification, and proposing modifications to enhance predictability and certainty without materially affecting the tax base or revenue. The committee may form sub groups, publish draft recommendations for public consultation, finalise proposals after stakeholder input, and submit recommendations in batches within its one year term. News - Wed, 28 Oct 2015 09:37:04 +0530 https://www.taxtmi.com/news?id=15123