HELP REGARDING PCC INCOME TAX PAPER

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 May 2010 BUDGET 2010 applicable for pcc nov.2010 exam????
If not but i still remember new rates and make calculation as per new rates in paper .i will loose marks or not???

CA.Amit Revankar

CA.Amit Revankar (Expert)
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24 May 2010 for u r exam budget 2009 is applicable.....Ideally, u should go with applicable finance act relevant for u r exam.If u like to express knowledge based on budget 2010,u can do it as addition and cannot be used as alternate for budget 2009. Furthur, u should ensure that while solving the sum first u solve based on applicable budget as in normal course, leave appropriate space and than clearly specify that u r solving based on budget 2010 as in addition. so that examiner should be able to appreciate u r paper and should not cause an frustration while assessing u r paper, which may be impact on u r deserving marks.

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