CA-CWA in industry
5464 Points
Joined May 2008
please dont spread the rumours and understand the process first
the DTC is just passed in cabinet
now it will be accepted in parliament
then The Finance minister will present it along with the finance bill 2011
then around july 2011 it will be passed
now when it will be passed the next year may 2012 it shall be applicalbe
mere passing the DTC in cabinet and Parliament does not mean it is applicable in the indian context of taxation
it will when will be officially brought by FM in official gazette along with the Finance bill 2011