Mohana Harish
(AUDIT TEAM LEAD - CA FINAL)
(468 Points)
Replied 02 September 2010
It is applicable for Nov- 10 Exam. All the Best Students.
Aswathy
(CS)
(175 Points)
Replied 03 September 2010
10 lakh is applicable. it is informed through CA student journal. july issue..
Faiz Ahmed
( Article Trainee)
(1731 Points)
Replied 04 September 2010
Rs 10 lakhs limit is not applicable for Nov'10 exams.
The limit of Gratuity to be paid has been increased to Rs10 lakhs through notification S.O. 1217(E) dated 24th May,2010.
ICAI guidelines say any amendment to be applicable in a particular exam will be taken into account only when it is 6 months prior to the date of exam.So in short, all amendments upto 30th April,2010 are applicable for Nov'10 exams, unless otherwise prescribed by ICAI through a notification.. For latest update refer CA Student Journal(Aug'10). It specifically says, this particular amendment is not applicable for Nov'10 exams
GIRIDHAR DANDE
(Cost Accountant)
(1956 Points)
Replied 07 September 2010
it is not apllicable because the notification date is considered for the amendments so i agree with faiz...
Pradeep Patankar
(IFRS ( London))
(289 Points)
Replied 10 September 2010
limit of 10 lakh is applicable for our Nov 2010 Exam...
naresh
(dd)
(21 Points)
Replied 16 September 2010
any one pls tell me "is gratuity Act.is applicable or not in Nov-10 exam
Rechtsan
({ffft)
(383 Points)
Replied 16 September 2010
Im confused now....Whats it 3.5 or 10 lakhs ...If write 3.5 and mention the amended amount.Is it fine?
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