30 November 2009
Applicability of the latest Finance Act and other changes for Company Secretaries December, 2009 Examination. DIRECT TAXES All students may note that for the December 2009 Examination Session in respect of Direct Taxes the applicable Assessment Year shall be 2009-10 (Previous Year 2008-09). Thus, they will have to study Finance Act, 2008 for December 2009 Examination. Further as per the Syllabus (for both Intermediate or Executive Programme and Final or Professional Programme) students are required to update themselves about all the Circulars, Clarifications, Notifications, etc., issued by the CBDT & Central Government, which come into effect on or before six months prior to the date of the respective examinations. Gift Tax Act has been excluded from the scope of the examination from June 1999 session onwards unless otherwise informed. INDIRECT TAXES Students appearing in the ‘Tax Laws’ (Indirect Tax Portion to the extent of topics covered in the syllabus, for both ‘Intermediate’ or ‘Executive Programme’) and Direct and Indirect Taxation— Law and Practice (Final Course) or Advanced Tax Law and Practice (Professional Programme) respectively may take note of the following changes applicable for December 2009 Examination. 1. All changes made by the Finance Act, 2009. 2. All Circulars, Clarifications/Notifications issued by CBE&C / Central Government which became effective six months prior to the date of examination.
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