DTC set to miss deadline again

Aug 16

DTC set to miss deadline again

The Direct Taxes Code (DTC) Bill, introduced in Parliament on August 30 last year, proposes to replace the 50-year-old Income Tax Act. Initially proposed to come into force from April 2011, the code’s deadline had been extended to April 2012 as the draft Bill was referred to a Parliamentary standing committee. The standing committee is unlikely to give its report on the draft Bill in the ongoing session
http://www.business-standard.com/india/news/dtc-set-to-miss-deadline-again/445632/

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