06 March 2015
Since wealth tax is abolished from this budget (2015-16) will there be questions in CA final exam May 2015 on Wealth Tax? if yes what is relevance of that?
06 March 2015
For May 2015 and Nov 2015 AY 2015-16 is applicable and therefore question may be asked from Wealth Tax. If you think of relevance then you are studying AS which will be replaced by IND AS, you are studying Indirect Taxes which will replaced by GST. So do not worry about relevance, changes are bound to happen.