Dtc status

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Manish (Querist)
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30 December 2013 What is the status of DTC Bill, which is going to replace the Direct Taxation Scenario in India. I read back in October that Mr. chidarambram was presenting the bill in winter session, but it wasn't presented. So i want to know the status of the bill, can when can we see the DTC Act to be passed and implemented. Again is there any rare possibility that the revised Act will be applicable for CA FINAL Examination wef Nov, 2015 exams. Thanks

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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02 January 2014 The fate of DTC is uncertain as of now.

Finance Act 2014 will be applicable for Nov 2015 exams. So if DTC is passed in the Finance Act 2014, then only it will be applicable for Nov 2015 exams.

Manish

Manish (Querist)
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03 January 2014 Thank you, Mr Bhardwaj.

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