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The Finance Ministry will expand the definition of a 'computer system' under the new Income Tax Bill 2025 to cover a wider range of digital devices, Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday. The Central Board of Direct Taxation (CBDT) will soon release a detailed Standard Operating Procedure (SOP) for handling digital data during tax investigations. "The definition of a computer system has to be wide enough. Today, the computer systems are of so many different var
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FAQ :
The definition is being expanded to cover a wider range of digital devices and prevent tax evaders from exploiting loopholes to deny access to their devices during searches.
The CBDT will release an SOP for handling digital data during tax investigations, ensuring proper procedures are followed for digital evidence and personal information.
No, the Finance Minister assured that the new provisions will not grant income tax officials any additional powers that could infringe on taxpayers' privacy.
The Income Tax Bill 2025 is set to replace the existing six-decade-old Income Tax Act, 1961.
The Bill aims to simplify language, reduce chapters, and make tax compliance faster and more transparent for taxpayers.
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