vinayak c. chavan (CPT passed) (1011 Points)
30 May 2011I am appearing for IPCC nov 11 . What will be A.Y. For this exam in taxation paper? Is it 2010-11?
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 30 May 2011
It will be same as for may '11 exam i.e AY 11-12.
Vijay
(Adamo Studio)
(2112 Points)
Replied 30 May 2011
| Originally posted by : TusharSSampatM.Com CA,CS-FINAL | ||
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It will be same as for may '11 exam i.e AY 11-12. |
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Dimple Kotak
(Accounts & Tax )
(185 Points)
Replied 30 May 2011
Siddharth
(Get Digital Signature Certificates (DSC) in 30 minutes! Click on send PM!)
(672 Points)
Replied 31 May 2011
Kill the confusion, the simple rule: the on-going assessment year for any term.
For Nov 11, AY 11-12 (PY/FY 10-11);
May-Nov 12, AY 12-13 (PY/FY 11-12), so on..
CA Anoop Dangwal
(CA, M.com, B.com,)
(899 Points)
Replied 31 May 2011
Finance Act 2010 is applicable for financial year 2010-11
and Finance Act 2011 is applicable for financial year 2011-12
and for fy 2010-11 , assessment year is 2011-12
and for fy 2011-12 , assessment year is 2012-13.
IN simple words , for may and nov, 2011 exams = Finance Act 2010 is applicable , hence py 2010-11 and Ay 2011-12.
For may and nov,2012 exams = Finance Act 2011 is applicable, hence Py 2011-12 and Ay 2012-13.
vinayak c. chavan
(CPT passed)
(1011 Points)
Replied 31 May 2011
| Originally posted by : SiDD_ | ||
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Kill the confusion, the simple rule: the on-going assessment year for any term. For Nov 11, AY 10-11; May-Nov 12, AY 11-12, so on.. |
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It should be 11-12 for Nov 11 as everyone suggesting.
Siddharth
(Get Digital Signature Certificates (DSC) in 30 minutes! Click on send PM!)
(672 Points)
Replied 31 May 2011
| Originally posted by : vinayak c. chavan | ||
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Originally posted by : SiDD_ Kill the confusion, the simple rule: the on-going assessment year for any term. For Nov 11, AY 10-11; May-Nov 12, AY 11-12, so on.. It should be 11-12 for Nov 11 as everyone suggesting. |
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Sorry, that was a typo, edited it now...
Manjul Soni.
(CA Student.)
(1407 Points)
Replied 31 May 2011
| Originally posted by : SiDD_ | ||
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Kill the confusion, the simple rule: the on-going assessment year for any term. For Nov 11, AY 11-12 (PY/FY 10-11); May-Nov 12, AY 12-13 (PY/FY 11-12), so on.. |
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This Is Correct
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