RELEVANT FINANCE ACT FOR J-11

Simranjeet Singh (Proprietor at S Simranjeet & Associates Company Secretaries)   (4396 Points)

20 January 2011  

ATTENTION STUDENTS!

Applicability of the latest Finance Act and other changes for Company Secretaries June, 2011 Examination.

 

DIRECT TAXES

 

All students may note that for the June 2011 Examination Session in respect of Direct Taxes the applicable Assessment Year shall be 2011-12 (Previous Year 2010-11). Thus, they will have to study Finance Act, 2010 for June 2011 Examination. Further as per the Syllabus ( of Executive Programme and Final or Professional Programme) students are required to update themselves about all the Circulars, Clarifications, Notifications, etc., issued by the CBDT & Central Government, which come into effect on or before six months prior to the date of the respective examinations.

Gift Tax Act has been excluded from the scope of the examination from June 1999 session onwards unless otherwise informed.

 

INDIRECT TAXES

 

Students appearing in the ‘Tax Laws’ (Indirect Tax Portion to the extent of topics covered in the syllabus, of ‘Executive Programme’) and Direct and Indirect Taxation— Law and Practice (Final Course) or Advanced Tax Law and Practice (Professional Programme) respectively may take note of the following changes applicable for June 2011 Examination.

1. All changes made by the Finance Act, 2010.

2. All Circulars, Clarifications/Notifications issued by CBEC / Central Government which became effective six months prior to the date of examination.