The Central Board of Direct Taxes (CBDT) has constituted a special task force to chart the road map for its ambitious proposal of a jurisdiction free income-tax assessment system and e-scrutiny of taxpayers. The 13-member task force has been asked to submit
its report on the new tax assessment process to the CBDT by July 31. The CBDT said it feels a different category of taxpayers should be “segmented” and a “new ecosystem” created for conducting assessments. - www.business-standard.com [16-06-2017]