ATTENTION STUDENTS PURSUING C.S. COURSE
Applicability of Latest Finance Act and other changes for Company Secretary June 2006 Examination.
Direct Taxes
All the students may kindly note that for the June 2006 Examination session, in respect of Direct Taxes, the applicable Assessment Year shall be 2006-07 (Previous year 2005-06).
Thus, they will have to study Finance Act, 2005 for June 2006 examination. Further, as per the syllabus, students are required to update themselves about all the Circulars, Clarifications, Notifications issued by CBDT & Central Government, which come in to effect on or before 6 months prior to the date of the respective Examination.
Gift Tax Act has been excluded from the scope of examination from June 1999 session onwards unless otherwise informed.
Indirect Taxes
Students appearing in the ‘Tax Laws’ (Indirect Tax portion to the extent of topics covered in the syllabus) and ‘Direct and Indirect Taxation-Law and Practice’ (Indirect tax portion) paper of the Intermediate and Final Courses respectively may please take note of the following changes applicable for June 2006 Examination:
1. All changes made by the Finance Act, 2005.
2. All Circulars, Clarifications/Notifications issued by CBE&C/ Central Government which became effective six months prior to the date of examination.
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