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Applicability of TDS amendments

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(Querist)
29 June 2010 Dear expert

Why TDS amendments made by Finance Act 2010, applicable from 01.07.2010? why not it is 01.04.2010 or any other date? What is the reasoning behind it? Plz clarify it.

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Aditya Dubey
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
29 June 2010 It is said that taxation and equity are strangers.

Meaning thereby, taxation can be devoid of logic, reasoning, justification.

However, the government might have calculated the revenue implication to arrive at the date.
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jegannath G

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jegannath G (Expert)
29 June 2010 No reason (may be god only knows)




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