Definition of computer system to be wider under I-T Bill: FM
With digital data being stored in varieties of devices, the Finance Ministry will be widening the definition of the ‘computer system’ under the new Income Tax Bill 2025 and the Central Board of Direct Taxation (CBDT) will be soon coming out with a detailed Standard Operating Procedure (SOP) for handling digital data, finance minister Nirmala Sitharaman informed Rajya Sabha on Tuesday.
