CAN ANYONE PROVIDE ME WITH THE BASIC DIFFERENCES BETWEEN IT ACT 2000 AND IT ACT 2008,..
IT WIL OF GRT USE TO EVERYONE,..
venkatraman shrinivas
(Tax consultant/Tax Advocate In Practice.)
(313 Points)
Replied 26 October 2010
There is nothing like IT ACT 2008 or 2009 etc., The IT ACT in vogue now is the one introduced in 1961. Every year after the finance bill is passed in parliament, the tax proposals or amendments or new introductions are implemented through Finance Act. Such Finance Act is named after each year. This is only an order conveying the different provisions newly introduced or amended or omitted.
Sumit Sharma
(internship)
(41 Points)
Replied 28 October 2010
@ Bharath : Its attached herewith
@ Venkatraman: Bharath was referring to Information technology amendment act
siva
(manager)
(21 Points)
Replied 07 July 2011
MR.VENKATRAMAN SRINIVAS,
HERE BARATH IS ASKING ABOUT INFORMATION TECHNOLOZY ACT,YOU ARE TELLING ABOUT INCOME TAX ACT.