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Querist : Anonymous
Querist :
Anonymous
(Querist)
31 October 2010
Sir,
when are the IFRS and Direct tax code would be applicable for PCC are there chance of its applicability in this year i.e 2011
when are the IFRS and Direct tax code would be applicable for PCC are there chance of its applicability in this year i.e 2011
01 November 2010
IFRS may be applicable in 2011, because it is mandatory for listed company, whose net worth is above Rs. 500 crores since 01.04.11.
But, i cannot say about direct tax, since it depends on our govt. deceision.
But, i cannot say about direct tax, since it depends on our govt. deceision.
CA Navin Jain
(Expert)
01 November 2010
DIRECT TAX CODE WILL BE APPLICABLE FROM 01.04.2012
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