"It should not escape notice that gold and silver after circulating in every other quarter of the globe, come at length to be absorbed in Hinduston"
Most of you
know that our tax system is going to replaced by Direct Tax Code (DTC), sooner
or later. I just tried to understand what it means to the common man and the
others and im sharing the details to my understanding level. First of all, I want
to make it clear that, DTC is not another amendment for the existing taxation
system, but it is completely new one. In simple words, DTC is going to replace
of Income Tax Act, 1961. In other way, most of the auditors’ knowledge will get