REVISED DISCUSSION PAPER ON THE DIRECT TAXES CODE JUNE 2010

  REVISED DISCUSSION PAPERONTHE DIRECT TAXES CODEJUNE 2010 Central Board of Direct TaxesDepartment of RevenueMinistry of Finance CHAPTER II TAX TREATMENT OF SAVINGS – EXEMPT EXEMPT TAX (EET)VIS-À-VIS EXEMPT EXEMPT EXEMPT (EEE) BASIS 1. Chapter-XII of the Discussion Paper on the Direct Taxes Code (DTC) deals with tax incentives for savings. It proposes the “Exempt-Exempt-Taxation‟ … Read more