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Wealth tax applicability in november 2015

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12 March 2015 someone please let me know whether abolishment of wealth tax as per FA 2015 will be applicable for November 2015 or not?

12 March 2015 firstly any ammendment by budget shall not be made applicable to nov 15 exam as only those ammendment prior to 6 months of exam are applicable.

so this budget shall be passed and notified by may15 and for nov 15 only those ammendments done upto 30.4.2015 shall be applicable.

so do not panic and freely study unless icai notifies its non applicability for nov 15 exams.



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