The new Bill is undoubtedly a significant step forward in reforming India’s tax system, and is surely an upgrade over the existing law. It may not qualify to represent a complete transformation, but, undoubtedly, it is a very good beginning
With India getting into a new tax regime mode, it is time to take a look again at the tax dispute adjudicating system and the philosophy underlying the new policy. RAJSHRI RAI, editor-in- chief, APN channel, spoke to GS PANNU, president, Income Tax Appellate Tribunal, on issues related to direct taxes. The interview featured in the ILRF Symposium series hosted under the aegis of India Legal