44AF doubt

IPCC 652 views 6 replies

Is the amendemnt of detetion of sec.44AF and being combined with 44AD applicable for MAY 2010 attempt..??

 

reply asap..

Replies (6)

I think it will be applicable. ...

check the amendments to Income Tax Act for PCC students available at your nearest ICAI chapter

No surbhi , It is not applicable for the upcoming may 10 attempt..sec44af has been amended wef assessment yr 2011-12 and shall be applicable for may 11 attempt.

Uday Kiran is correct.. you have to quote both answers.

yap. it is applicable 4 may2010 exam. bt only theoretical question will b asked. in practical question it will b irrelevnt bcz it will b applicable frm a/y 2011-12 nd we wil hav 2 calculate tax 4 a/y 2010-11. evenif u do den u hav 2 mention dis in a note. 

thnx evryone


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