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Informative

CBDT issues Corrigendum to Income Tax Act, 2025

Update / Judgement Date

03 Sept 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Income TaxOther Legal Matters

The CBDT has issued a "corrigendum to the Income Tax Act, 2025." The move is a significant step towards a more user-friendly and less intrusive tax environment, is aimed at promoting tax compliance while being sensitive to the practical difficulties faced by businesses. This is a crucial reminder to all businesses that they must be diligent in their dealings. The move is a significant step towards a more digitized and efficient tax system. The move is expected to have a significant impact on various sectors.