27 May 2008
waht is the effective date if date is not mentioned in the circular. for example TDS on Rent has to be deducted without service tax (i.e net amount) issued on 28/04/2008 where they have not mentioned the effective date. OR Circular and Notification the date of issue of the same is presumed to be the effective date of such circular and notification???
27 May 2008
as the circular is calrifactory in nature and does notlegislate law. thus the date on which the same was issued may be considered as effective date unless specificly stated in circular
CAclubindia
