CBDT Chairman Urges Proactive Transition to New Direct Tax Framework
Print
Listen to this Article
NEW DELHI (Jan 4): CBDT Chairman has directed the Income Tax Department to remain fully prepared and proactive ahead of the implementation of the new direct tax law scheduled to come into effect from April 1 this year. Emphasizing the need for clarity and focused execution, he urged tax officials to approach the transition with a clear sense of responsibility and purpose.
In his customary New Year message to departmental officers, the Chairman noted that revised rules, procedures, and statutory forms are currently being developed to facilitate a smooth shift to the new tax regime. The Central Board of Direct Taxes (CBDT) serves as the apex administrative authority of the Income Tax Department.
Category : CBDT | Comments : 0 | Hits : 130
The Income Tax Rules, 2026, which are expected to be officially notified in the first week of March, will come into force from 1 April 2026. Officials from the Central Board of Direct T...
The Central Board of Direct Taxes (CBDT), has issued Circular No. 07/2024 dated 25.04.2024 further extending the due date for filing Form 10A/ Form 10AB under the Income-tax Act, 1961 (...
CBDT clarifies on media reports claiming special drive to reopen cases with reference to HRA claims
Certain instances of mismatch of information as filed by the taxpayer and as available with the Income Tax Department have come to the notice of the Department as part of its routine exercise of verif...
Comments