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Task Force for drafting a New Direct Tax Legislation-Extension of term
May, 31st 2019
                                       F No 370149/230/2017- Part (3)
                                           Government of India
                                             Ministry of Finance
                                          Department of Revenue
                                       Central Board of Direct Taxes
                                                (TPL Division)
                                                    "'.****
                                                                               New Delhi. May 27, 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 in F No 370149/230/2017 dated November 22, 2017, the Terms of
Reference being drafting an appropriate direct tax legislation keeping in view :






        (i)     the direct tax system prevalent in various countries,
        (ii)    the international best practices,
        (iii)   the economic needs of the country, and
        (iv)    any other matter connected there to.

2,      The Task Force has since been reconstituted under Shri Akhilesh Ranjan, Member
(Legislation), CBDT vide Office Order in F No 370149/230/2017 dated November 26, 201 B, other
terms and conditions of the Office Order dated November 22, 2017 remaining the same
except that the Task Force was authorised to co-opt any person as Member, if considered
necessary, Accord ingly, Ms Pragya S Saksena IRS 87004, Principal Commissioner of Income-tax
(OSD), New Delhi has been co-opted as Member vide office order of even number da ted
December, 21, 2018.






3,     As per the Order dated November 26, 2018, the Task Force so recons tituted was
required to submit its report to the Government by February 28, 2019 . Vide Office Order of in F
No 370149/230/2017 dated February 28,2019, the term of the Task Force has been extended
by a period of three months, i.e., the Task Force is required to submit its report by May 31,2019 .
4.    The term of the Task Force is extended by a period of two months, i.e., the Task Force
may be allowed to submit its report by July 31, 2019,
5.          This issues with the approval of the Finance Minister.
                                                                                        ~~
                                                                                         ~
                                                                                         (Niraj Kumar)
                                                        Joint Commissioner of Income-tax (OSD) (TPL)-I
                                                                                      Tel: 011-2309 5468
                                                                          E-ma il: niraj.kumar82@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

                                                                                      JCIT (OSD) (TPL)-I

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