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Tax Code

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(Querist)
20 November 2009 The new tax code is coming into effect from 1.4.2010... So, for May 2010/Nov 2010(any of these exams) will the Income Tax Act,1961 be applicable or the new Tax Code?? Please solve this..
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M Prabhakar Menon

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M Prabhakar Menon (Expert)
20 November 2009 Nobody is sure if it will be from 1st Apl '10 so dont worrry about it
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Soumya

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Soumya (Querist)
20 November 2009 But it was proposed as for AY 2011-12??
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
20 November 2009 Income Tax Act,1961 Applicable for may and nov.2010 attempts. Direct Tax Code Proposed to Be Applicable from 1st April,2011.
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Soumya

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Soumya (Querist)
21 November 2009 thank u sir....

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