Madras HC: Police Superintendent not Liable For IO’s Delay In Filing Chargesheet or Closure Report  ||  Supreme Court: Provident Fund Dues Have Priority over a Bank’s Claim under the SARFAESI Act  ||  SC Holds Landowners Who Accept Compensation Settlements Cannot Later Seek Statutory Benefits  ||  Supreme Court: Endless Investigations and Long Delays in Chargesheets Can Justify Quashing  ||  Delhi HC: Arbitrator Controls Evidence and Appellate Courts Cannot Reassess Facts  ||  Delhi HC: ED Can Search Anyone Holding Crime Proceeds, not Just Those Named in Complaint  ||  Delhi HC: ED Can Search Anyone Holding Crime Proceeds, not Just Those Named in Complaint  ||  Delhi HC: Economic Offender Cannot Seek Travel Abroad For Medical Treatment When Available In India  ||  SC: Governors and President Have No Fixed Timeline To Assent To Bills; “Deemed Assent” is Invalid  ||  SC: Assigning a Decree For Specific Performance of a Sale Agreement Does Not Require Registration    

Income Tax Simplification Committee reveals recommendations - (25 Jan 2016)

Direct Taxation

The Income Tax Simplification Committee, headed by former Justice R.V. Easwar, has released its first batch of recommendations for public perusal and comment. The Central Government had formed the Committee in October, 2015 with the remit of finding: litigation-inducing legislation; impact on ease of doing business; simplification of the Income Tax Act; and suggestions to bring certainty and predictability.

Tags : INCOME TAX   SIMPLIFICATION   RECOMMENDATIONS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved