Revision & Rectification Provision under IT Act 2025 vs 1961
Revision & Rectification Provisions under the Income-tax Act, 2025 vs the Income-tax Act, 1961 Understanding the Key Changes in Revision and Rectification Framework The Income-tax Act, 2025 aims to simplify, consolidate, and modernize India’s direct tax legislation. While the revision and rectification framework has largely been retained from the Income-tax Act, 1961, several provisions have …