I am going to attend PCC on May 2010.
Should i study income tax act 1961 or New direct tax code?
Please help me.
S.Vinothbabu (Articled Assistant) (159 Points)
18 September 2009I am going to attend PCC on May 2010.
Should i study income tax act 1961 or New direct tax code?
Please help me.
Brijesh
(Accountant)
(80 Points)
Replied 18 September 2009
i m also appearing for pe ii in may 2010 should i also go through new direct tax code
CA.Tarun Maheshwari
(CA, DISA)
(7150 Points)
Replied 18 September 2009
No, Direct Tax code is just a bill. If it gets passed in parliament, even then it shall be applicable from 1/4/2011. So not applicable for any exam upto it becomes applicable. You should concentrate on Income Tax Act only.