Direct Taxes Code: Changing Paradigm of Tax Rules in India

Expert Guide - Tax, September 2011

5 Pages Posted: 5 Oct 2011

Date Written: September 12, 2011

Abstract

The Government of India submitted the ‘Direct Taxes Code’ Bill, 2010 the Parliament in August, 2010. The Code, expected to come into force from the next financial year i.e. 1st April 2012, is not just a regular amendment but replaces all the existing direct tax laws in India. The drafters have also worked 'on a clean drafting slate'. This seems to be sufficient impetus for a deeper scrutiny of the Code for all those who derive income from India and thus would be subject to the rigours of the Code. While the changes proposed are multifold, this paper limits it coverage to focus on key changes in the international taxation front.

Keywords: Direct Taxes Code, international taxation, India

JEL Classification: E62, H25, H26, H29, K34

Suggested Citation

Jain, Tarun, Direct Taxes Code: Changing Paradigm of Tax Rules in India (September 12, 2011). Expert Guide - Tax, September 2011, Available at SSRN: https://ssrn.com/abstract=1938847

Tarun Jain (Contact Author)

Supreme Court of India ( email )

New Delhi
India

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
142
Abstract Views
1,007
Rank
368,681
PlumX Metrics