Puneet (Audit/Articled Assistant) (30 Points)
30 August 2010On discussion with one of my friends i have got confused.........
The A.Y applicable in Nov 2010 exams is 2010-11 and as per that the tax slabs should be 160000-300000... and so on........
but as per my knowledge in the exams, ammended tax slab of 160000-500000 should be applicable..........
Please give ur valuable suggestions for my query................also the link of the ammendments applicable in nov. 2010 exams if available with you............
CA Trinath Galla
(student)
(3130 Points)
Replied 30 August 2010
A.Y 2010-11 is applicable.
so 160000-300000 slabs are only applicable.
al the best
Gokul Viswanath Shenoy
(Company Secretary & Finance Manager)
(430 Points)
Replied 30 August 2010
AY 2010-2011 amendments will only be applicable for the november'10 exams..ie-160000-300000/- 10% rate,300000-500000/- 20% & above 500000/- 30% rate
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