New income tax law likely to be far simpler sans complexities, says Dipesh Jain of Economic Laws Practice | Mint
Source: Live Mint In the past several years, a number of big and small changes have been made in the Income Tax Act, 1961. Its fallout is that an array of complexities, albeit unwittingly, have crept into it. The new income tax law, conversely, is likely to have them removed simply because it is a fresh…