28 July 2009
Union Budget 2009 states that there is no surchage and education cess on certain tds provisions. My question is; 1. From which date this provision is applicable - from the date of presentation of the budget or from the date of assent by the president or from 1.10.2009?
28 July 2009
Provisio to clause 11 and 12 of section 2 of The Finance (No 2) Bill 2009 speaks about the referred matter. At the same time clause 2 of section 1 says Section 2 to 83 of the said bill is applicable from 01/4/2009. Therefore,if the Hon'ble president give her assent to this amendment,it is applicable from 01/4/2009. This is my understanding of the Finance Bill and views of other members are solicited.
CAclubindia
