Direct tax code

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yogesh vijaykumar shah

yogesh vijaykumar shah (Querist)
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24 December 2011 Whether DTC will come into force w e.f. 01-04-2012. Plesae advise

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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24 December 2011 Recently Finance Minister Pranab Mukherjee expressed the hope that the Direct Taxes Code ( DTC), which seeks to modernise tax laws in the country, will come into force from April 1, 2012. The proposed Direct Taxes Code brings together the policy initiatives on direct taxes. It is slated to come into force from the next financial year.

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https://www.caclubindia.com/experts/dtc-609985.asp

CA VISHAL RANA,CS,B.Com,AMFI

CA VISHAL RANA,CS,B.Com,AMFI (Expert)
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24 December 2011 agree with expert it may come in force from april 1,2012.

but DTC will take 2 or 3 years in proper implementation....because provisions contained in DTC bill not properly explained.

house property head have only 3 paragraphs.
so definately debatable points will arise after implementation.

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