gratuity act amendment 2010 & companies bill 2009

This query is : Resolved 

04 September 2010 as i appearing nov10 pcc xams is new gratuity act amendment 2010 & companies bill 2009 applicable for us.

04 September 2010 Gratuity limit is enhanced to Rs. 10/- lakhs in section 10(10)(iii) of the Income tax Act,1961 vide notification 43/2010 dated June 11,2010. In view of that it is not applicable to November,2010 examination.
Companies Bill,2009 has not become an act. Hence not applicable for examination purposes.


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