Expert inputs on New Income Tax Bill 2025 by Prashant Bhojwani, Partner, Corporate Tax, Tax & Regulatory Services, BDO India
Below the Expert inputs on New Income Tax Bill 2025 by Prashant Bhojwani, Partner, Corporate Tax, Tax & Regulatory Services, BDO India
"The Finance Ministry’s endeavour to simplify the Income-tax law and present a reader friendly statute is commendable. This is certainly a positive starting point and should facilitate in reducing tax disputes going forward. However, the Finance Ministry should parallely focus on fast-tracking past litigation; particularly as a significant portion is still pending at the Commissioner (Appeals), first appellate authority. Resolving past litigation will truly be a move towards Viksit Bharat and improve taxpayer sentiments"
Above views are of the author and not of the website kindly read disclaimer
More News
Quote on?RBI MPC Outcome by Mr. Aman Sarin, Director & Chief Executive Officer, Anant Raj Li...
