Government orders cadre review, restructuring of I-T department; committee formed
Updated : December 18, 2018 06:47 PM IST
The Central Board of Direct Taxes (CBDT), that frames policy for the I-T Department, on Monday ordered creation of a 12-member committee of senior officials to accomplish the task within the next three months.
The development assumes significance as another committee or task force to draft a new direct tax law to replace the existing Income Tax Act is already a work in progress and it has been asked by the government to submit its report by February 28.
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