Analysis of Direct Tax Code Bill 2009

IT Act,1961 to be replaced by Direct Taxes Code(DTC)!!!
The existing IT Act,1961 will be replaced by Direct Taxes Code(DTC) which has been approved by both Houses of Parliament and is likely to be effective from 1st April 2012 onwards.
FMSF has analysed the various provisions of the proposed DTC and has brought the e-communique with Key Highlights of the Proposed DTC approved by Union Cabinet.
Other E-communique released by FMSF on DTC:
Appeal to Finance Minister on Direct Tax Code for NPOs
NPOs - Major Issues not Addressed in Revised Direct Tax Code

View Frequently Asked Questions on Income Tax


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