Vikas (Student) (129 Points)
17 September 2009hiiiiiii friends, i have query regarding Capital Gain... i read in local newspaper that flat rate on capital gain has been removed & now capital gain wud be added in gorss total income & accordingly tax on capital gain wud be chargeble @ 30% slab rate... & 1 more thing, what is New Direct Tax Code??? can any1 suggest me... thanx in advance....
Manish Sodani
(Executive (F & A) - ALSTOM India Ltd.)
(222 Points)
Replied 17 September 2009
What u r saying is still proposed and it will be approved soon. For information on DT code, just download the presention uploaded by me in the Forum-Income tax-Direct Tax code.
| Originally posted by :Uday Kiran | ||
| " | It is only a proposal in proposed direct tax code it has to be passed by parliament to become effective | " |
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