A Comparative Study of Direct Taxes Code 2009 & Income Tax Act 1961

A COMPREHENSIVE COMPARATIE STUDY OF PROVISIONS OF INCOME-TAX ACT 1961 AND DIRECT TAXES CODE BILL 2009 Direct Taxes Code - The Good, The Bad and The Bizarre Tax payable at various levels of income by indivuduals and HUFs Taxation of Savings/Investment Schemes Taxation of salary Taxation of income from house property Taxation of business income Taxation of capital gains Taxation of income from residuary sources Deductions from gross total income Table showing existing sections of Income-tax Act, 1961 and corresponding provisions of proposed Direct Taxes Code Bill, 2009 Comparative study of exemptins available under Income-tax Act, 1961 and exemptions proposed under Direct Taxes Code Bill, 2009 Comparative study of definitions given under Income-tax Act, 1961 and definitions as proposed under Direct Taxes Code Bill, 2009