
ThePrint
February 13, 2025 at 01:00 PM
Finance Minister Nirmala Sitharaman Thursday tabled in Parliament a new draft Income Tax Bill which is a significantly shorter version of the Income Tax Act of 1961, with much simpler language. However, the new Bill mandates that assessees would have to share their computer “ access codes” with tax officials during search and seizure operations.
TCA Sharad Raghavan reports
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