CBDT invites suggestions
and feedback from stakeholders and general public for drafting the new direct
tax law; Issues questionnaire covering over 25 questions on broadly six
categories, viz. Filing of return of income, Tax credit, Processing / scrutiny
of return, Litigation and recovery of disputed tax demand and Penalty &
prosecution and the residuary category; Seeks feedback on e-filing of
income-tax returns, TDS returns, working of the Centralised Processing Centre
(‘CPC’), seeks suggestions for tackling TDS mismatch; Likewise, seeks views on
the newly implemented e-assessment process, effectiveness of the Mutual
Agreement Procedure (‘MAP’), working of Income tax Appellate Tribunal, Income
tax Settlement Commission; Invites suggestions/ feedback by April 2nd.
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CBDT issues second round of frequently asked questions in relation to Direct Tax Vivad Se Vishwas Scheme, 2024
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