Direct tax code


This query is : Resolved 

(Querist)
21 December 2011 Dear Sir,

Can anybody explain what is Direct Tax Code.

From where should i get details regarding Direct Tax Code

Regards,
Shrishail

21 December 2011 Direct Tax code is new tax code which will take the place of present Income Tax Act 1961 if it is passed....

The detail is available on the income tax official website and also on the website of finance ministry...

anurag (Expert)
22 December 2011 it is supposed to applicable from 1st apr 2012, if passed.


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