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CBDT extends term of Task Force on Direct Tax by 3 months to May 31, 2019

March 1, 2019
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In order to review the existing Income-tax Act, 1961 and to draft a new direct tax law, the Govt. had constituted a Task Force. Task Force was required to submit its report to Government by February 28, 2019. The said term has now been extended by CBDT by three months. Task force will now require to submit its report by May 31, 2019 instead of February 28, 2019.
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