There are some amendemendts made by Fin Act 2010 which have a retrospective effect from 1.10.09
Eg:
sec 56(2)(Vii)
b) any immovable property :-
i) without consideration, the stamp duty value of which exceeds Rs. 50,000 , the stamp duty value of such property the shall be treated as income of the individual or HUF.
ii) for a consideration which is less than the stamp duty value of the property by an amount exceeding Rs. 50,000 the stamp duty value of such property as exceeds such consideration shall be treated as income of the individual or HUF.: [Omitted w.r.e.f. 1-10-2009 by the Finance Act, 2010)
Are these amendements relevent for Nov 2010 exams 
????????
CAclubindia
