Finance act application

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ankitaggarwal4u (Querist)
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13 May 2008 Dear all
Thr s a doubt on Finance act application onto Ca-PCC xamz nov.08. I hv my PCC xamz in nov08. now th question s which finance act would b applicable to me-----
finance act-07,,or
Finance act--08.
As per ICAI guidelines,anything that comes before 6 mnths of xamz is applicable for the relevant xamz and th finance act 2008 s as such applicable frm april onwards,,,that falls into said criteria of 6 mnths. but it got its assent frm president on 10th may,08 which s outside th criteria of notifications applicable that comes before 6 mnths.
now I am confused that weather to Nov. 2008 xamz finance act 07 or finance act 08 be applicable??/???/?

I am told about th Finance act 07 being applicable as Finance Act 08 got itz assent in May 08 so it is not applicable to us but to may n nov 09 xamz..

But I need an answer from xperts.
So Plz. kindly respond n help me out of this stupid well.

Thanking in anticipation
Regards
Ankit

Amit Sharma

Amit Sharma (Expert)
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13 May 2008 Yes according to me also Finance Act of 2008 will not be applicable to Nov 08 attempt , only from May 2009 onwards.

But just to be on the safer side so that exams are not in any kind of risk it is better that you ask the institute,

All the very best, do well. Cheers.

ankitaggarwal4u

ankitaggarwal4u (Querist)
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13 May 2008 thanx sir
but sorry 2 say
aapne to or dara diya yaar
yaar i skd th institute but never replied
u know them

chaliye thnk a lot
Cheers
chak galassiiiii

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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05 April 2012 Finance Act 2007.

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