The new direct tax code (dtc) is said to replace the existing income tax act of 1961 in india dtc bill was tabled in parliament on 3oth august, 2010. History the direct taxes code bill was tabled in the parliament on 30 august 2010 by the then finance minister to replace the income tax act, 1961 and wealth tax. Update (november 2015): direct taxes code (dtc), which was first released in 2009, sought to replace the existing income tax act 1961 and wealth tax act 1957 through. New delhi: the government has tightened a provision in the revised direct taxes code (dtc) bill that will make it tougher for overseas companies to avoid paying taxes. Ey tax alert key proposals of the direct taxes code 2013 2 april 2014 tax alerts cover significant tax news, developments and changes in legislation. Do yo know what is direct tax understand the full meaning, implementation & future of direct tax code at ey india learn more about the impact of direct taxes.
Direct taxes code, 2009 chapter-ii basis of charge 2 liability to pay income-tax b-18 3 direct taxes code bill, 2009 a bill chapter - i. India still needs the direct tax code even though it is five years since the original bill was tabled in parliament by the previous government. Readers who viewed this page, also viewed: download report of standing committee on direct tax code bill 2010 direct taxes code bill 2009 & discussion paper. Find direct tax code bill latest news, videos & pictures on direct tax code bill and see latest updates, news, information from ndtvcom explore more on direct tax.
The direct taxes code bill, 2010: the direct taxation of the income of individuals, companies and other entities is governed by the income tax act, 1961 the direct.
The direct taxes code, 2013 ————— clauses 1 short title, extent and commencement part a income-tax chapter ii basis of charge 2 liability to pay.
Bill no 110 of 2010 the direct taxes code application of other provisions of this code chapter vi provisions reating to tax the direct taxes code, 2010 bill.