25 December 2014
Dear experts,
Marry Christmas!!!
My query is:
The Companies Act 1956 has been replaced by the brand new act 'The Companies Act 2013' so I generally found references of the above old act in other statues for any particular provision say e.g. Income Tax Act 1961
Now how should i deal with these references as the old act is no longer in existence.
Whether the old act will be deemed to be alive to the extent of references contained in other statues or now these references shall be deemed to be made to the new act.
please mention any departmental clarification if any issued in this behalf
CAclubindia
