TAXATION LAW

PROJECT
DIRECT TAX CODE

SUBMITTED BY AJITABH
ROLL NO -906
SUBMITTED TO Dr. GANESH PANDEY
FACULTY OF TAXATION LAW

CHANAKYA NATIONAL LAW UNIVERSITY, PATNA

INTRODUCTION
The Direct Taxes Code (DTC) is said to replace the existing Indian Income Tax Act, 1961. The
direct tax code seeks to consolidate and amend the law relating to all direct taxes, namely,
income-tax, dividend distribution tax, fringe benefit tax and wealth-tax so as to establish an
economically efficient, effective and equitable direct tax system which will facilitate voluntary
compliance and help increase the tax-GDP ratio. Another objective is to reduce the scope for
disputes and minimize litigation. It is designed to provide stability in the tax regime as it is based
on well accepted principles of taxation and best international practices. It will eventually pave
the way for a single unified taxpayer reporting system

RESEARCH METHODOLOGY
The researcher will use Doctrinal Method. The researcher will refer various books, articles
various law journals regarding the project work.

Aims and Objectives:

This research paper looks at the dimensions of direct tax code.

Scope and Limitations:

Due to space constraints, the paper is limited to a brief discussion of the points.

Research Questions:
What is the meaning of direct tax code?
How DTC is different from earlier tax codes?

HYPOTHESIS
The researcher hypotheses that direct tax code is the perfect substitution of present tax code.

Sources of Data:

Secondary sources of data have been used while researching for the paper.

Style of Citation:
A uniform style of citation has been followed throughout the paper.

CHAPTERISATION
1. INTRODUCTION
2. SALIENT FEATURES OF DIRECT TAX CODE
3. HOW DIRECT TAX CODE IS DIFFERENT FROM OTHER
TAX CODES
4. CRITICAL ANALYSIS
5. CONCLUSION
BIBLIOGRAPHY