https://www.taxtmi.com/article/detailed?id=937 The Direct Taxes Code, 2010 Bill consolidates direct tax law to define liability to pay income tax and sets out comprehensive residence and source rules, classification and computation of income under defined heads, structured deductions and capital allowance regimes, sectoral schedules, a graded individual rate framework and corporate provisions including MAT. It preserves treaty choice for taxpayers, strengthens transfer pricing and anti avoidance measures (including a general anti avoidance rule), and establishes detailed tax administration, assessment, appeal and dispute resolution procedures while delegating technical implementation to rules and notifications. en-us Mon, 06 Sep 2010 00:00:00 +0530 Wed, 11 Feb 2026 15:55:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=937 The Direct Taxes Code, 2010 Bill consolidates direct tax law to define liability to pay income tax and sets out comprehensive residence and source rules, classification and computation of income under defined heads, structured deductions and capital allowance regimes, sectoral schedules, a graded individual rate framework and corporate provisions including MAT. It preserves treaty choice for taxpayers, strengthens transfer pricing and anti avoidance measures (including a general anti avoidance rule), and establishes detailed tax administration, assessment, appeal and dispute resolution procedures while delegating technical implementation to rules and notifications. Articles Income Tax Mon, 06 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=937