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Again in need of your help.

Himanshu (Proprietor at H. R. Thacker and Co.) (1439 Points)

08 February 2010

My attempt for CA final will be on May 2011. May I know pls what will be the P.Y. and A.Y. in taxation for that exam?

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Shiva Kumar (CA Final) (208 Points)
Replied 08 February 2010

May 2011 and Nov 2011 -

Assessment Year 2011-12

Previous Year 2010 - 11

This is provided you don't get Direct Tax Code by then. Pray not.

Shiva

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Ratan Deep Saxena (Asstt Manager (Accounts & Finance)) (2998 Points)
Replied 08 February 2010

A.Y. 2011-12 & P.Y. 2010-11. All d Best......

enjoy ur study......

regards,

ratan

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Himanshu (Proprietor at H. R. Thacker and Co.) (1439 Points)
Replied 08 February 2010

Thanks to both

Max Payne (employed) (2574 Points)
Replied 08 February 2010

Dear Himanshu,

New DTC is expected to come into effect from April 01,2011.

The latest amendments will be the amendments enacted by Finance act 2010, along with other amendments as may be notified upto November 2010 + circulars + notification + case laws.......

So PY 2010-11 and AY 2011-12 will be applicable...... DTC i dont expect to be notified in Nov '10 itself, so i dont think it will be applicable for May 2011, but Nov 2011 there is strong possibility.... All the best.

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