Income Tax Act 1961

This query is : Resolved 

13 September 2007 Theres a latest news that income tax act 1961 is going to be replaced by new income tax with effect from April 2008..
My PCC attempt is May 2008..
will i be affected ??
My PY for tax purpose is 2007-08 and
AY IS 2008-09..
Pl reply.......

13 September 2007 No the amendment would not affect your Attempt of May 2008



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