CA Priyank (Priyank Sanghavi & Co) (296 Points)
24 July 2010Hey Friends
Does any one know that Amendments made by Finance Act 2010 which are applicable from retrospective effect is applicable to us???
Institute had clarified for Finance Act, 2009 that those amendments which are applicable for A.Y. 2010-11 are only applicable to us.
I have doubt only for those amendments which are retrospectively applicable means it comes in budget 2010 but applicable for A.Y.2010-11.
For Ex: 1. Amendments made u/s 40(a)(ii), 56(ii)
Kindly reply i am egarly waiting
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 24 July 2010
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 11 August 2010
CA. Umesh kumar
(ca.umesh11@gmail.com)
(1465 Points)
Replied 11 August 2010
though fa 2010 not applicable but in nov. final exam they ask question related to changes made by fa 2010 although we have to answer as per fa 2009
CAclubindia
