hello people i have my CA final attempt in May 2011 and i am very poor in Income TAX so i am planing to start my tax preparation frum now only .. but some of my frends have told me that direct tax code will be coming and it will be relevant for May 2011 exams .. so should i wait for it ..????? is tax portion goin to be change a lot ..?
Applicability of DTC will be decided later on. I advised this is the precios time, dont wait for the final declaration of DTC. Start your studies from the very first days. And first clear your basic understanding/concepts regarding Taxation. It will definately help you in summing up the DTC if Finalised before May 2011 exams.
There are other subjects also which requires sufficient time and need proper focus.
Thank you
CAclubindia
