new income tax bill pdf

Last Updated:February 13, 2025, 15:05 IST New Income Tax Bill 2025: The Bill seeks to replace 298 sections and 14 schedules in the existing Income Tax Act, 1961, with a 622-page new law enshrined in 536 sections, 23 chapters and 16 schedules. New Income Tax Bill proposes to replace the words ‘assessment year’ and ‘previous…