F No. 370149/230/2017-TPL

Task Force for drafting a New Direct Tax Legislation-Extension of time for submitting final report

What this is

F No. 370149/230/2017-TPL was issued by the Central Board of Direct Taxes on 2 August 2019. Its subject is Task Force for drafting a New Direct Tax Legislation-Extension of time for submitting final report.

This is an extension of time. It moves a date that the Act or the Rules otherwise fix, and it does so only for the compliance and the period it names — not for anything else that happens to fall due at the same time.

The instrument itself

The text, read by machine from the scan

This is not the department’s typed text. The department published this one as a scanned image of a signed paper, so there is no text in the file to copy. What follows was read off that image by optical character recognition and is reproduced without correction — the mistakes you can see are the machine’s, and there may be others you cannot. It is here so the document can be found and read; it is not a substitute for the file, which is linked below. Do not quote from this page.

F No 370149/230/201 7- TPL
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes (TPL Division)
New Delhi, August 2, 2019
OFFICE ORDER
In order to review the existing Income-tax Act, 1961 and to draft a new direct tax law in consonance with economic needs of the country, the Government had constituted a Task
. Force vide Office Order of even number dated November 22, 2017.
2. The Task Force has since been reconstituted under Shri Akhilesh Ranjan, Member (Legislation), CBDT vide Order of even number dated November 26, 2018, other terms and conditions remaining the same except that the Task Force was authorised to co-opt any person as Member, if considered necessary. Accordingly, Ms Pragya S Saksena IRS 87004,
Principal Commissioner of Income-tax (OSD), New Delhi was co-opted as Member vide office order of even number dated December, 21, 2018.
3. As per the Order of even number dated November 26, 2018, the Task Force so reconstituted was required to submit its report to the Government by February 28, 2019. Vide
Order dated February 28, 2019, the term of the Task Force was extended by a period of three months, i.e., May 31, 2019 which was further extended by a period of two months, i.e., July 31,
2019 Vide Office Order dated May 27, 2019.
4. Further, vide office order dated June 24, 2019, Shri Krishnamurthy Subramanian, Chief
Economic Advisor (CEA) and Shri Ritvik Pandey, Joint Secretary (Revenue) were nominated as members of the Task Force and the Terms of Reference were broadened.
5, As per the terms and conditions, the Task Force was required to submit its final report by
July 31, 2019. However, the new members of the Task Force were nominated only on June 24,
2012 and a request has been made for more time to reflect on the report.
6. The Task Force is now required to submit its report on or before August 16, 2019.
7. This issues with the approval of the Finance Minister.
2 lV {zo i (Saurabh Guetta)
Under Secretary (TPL)-IIl
Tel: 011-2309 5468
E-mail: ustol3@nic.in
Copy to:
(i) The Convener and Members of the Task Force (ii) PS to FM/ PS to MoS (Finance)
(iii) Sr PPS to Revenue Secretary (iv) PS to Chairman (CBDT)
(v) The JS (Revenue), DOR .
(vi) All officers in TPL & TPRU
Under Secretary (TPL)-IIl

Source: the department’s scanned file.

← Circular No. 16/2019 · Circular No. 15/2019 →

A circular binds the department, not you and not a court. The Board issues a circular to its own officers. An assessee may hold the department to a circular that helps him; the department cannot hold an assessee to one that hurts him, and the Tribunal and the courts decide the law for themselves.

Source: the Income Tax Department’s own published text — its page for this instrument.