Ammendment to Section 40 - Applicable Date ??

Dear Nilesh,

The amendment ws made by Finance Act 2008 w.r.e.f 1-4-2005

Sir,

I want to know the ammendment by Finance Bill, 2010 in 40(a)(ia).

Sir,

I am still confused..

Please look at the follwing link:

/experts/finance-bill-2010-tds-amendment-352480.asp

There it was written AY 10-11...

whether it was correct ?

Hey.....

This amendment is proposed to take effect retrospectively from 1st April, 2010 and will, accordingly, apply in relation to the assessment year 2010-11 and subsequent years

The bill never proposes for any effective date... Clarificatory amendments are generally retrospective in nature.