DTC 2010: Reality check on Realty

Authored by: Vishal J Shah - Executive Director, Vishal S Shah – Manager, Rajesh Nathwani Associate from PwC. The Direct Taxes Code (‘DTC’) Bill, 2010 is a progressive step form the Ministry of Finance to replace the five decade old Income-tax Act, 1961 with effect from 1 April, 2012. The legislature