The Direct Tax Code is Applicable from 01/04/2012 or 01/04/2011. From when we should follow?
10 Replies
cma ravi tanwar
(ca final)
(106 Points)
Replied 01 September 2010
my friend DTC has been deferred by one more year that is it will be applicable from 1-4-2012
from exam point of view it cant be asked before may 2013 attempt in my opinion
i hope i have resolved your querry
regards
Saurabh Toshniwal
(ca final)
(2363 Points)
Replied 01 September 2010
it is applicable from 1apr.2012
CA Final
(CA Final Student)
(856 Points)
Replied 01 September 2010
01st April , 2012 ....................................
Nimish Jain
(Internal Auditor/CA final student)
(240 Points)
Replied 01 September 2010
APPLICABILITY OF DTC FOR CA EXAMS
If the New Direct Tax Code comes into effect on its scheduled date of 1st April 2012, it would be applicable for CA EXAMS only from May 2013 Onwards
Prachi Jindal
(CA-Article-Final-Student)
(129 Points)
Replied 06 September 2010
it will come into affect from 1/april/2011...due dates are also changed now...we have to comply it while filng return in 2012...so it means working in the financial year 2011-2012 we have to keep in mind the provisions of new tax code...!!
Manoj BG
(Tax Professional and in Service)
(1795 Points)
Replied 06 September 2010
agreed with friends.
Akash Saraswat
(ca student)
(25 Points)
Replied 25 October 2010
the DTC shall be applicable 4m April 12...subjet to approval by the houses...
if it gets approved within the time period..then it would be applicabe in may12 exams..
the ICAI provides minimum of 6months of time 2 d students 4m the date it gets approve or applicable which ever is earlier..
for example: if d house approves d bill before dec11 then it would be applicable 4 students appearing in may12 exam..
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