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DTC Applicable For May 2011 Exam ?

CA Final 1296 views 11 replies

Hi friends.

         DTC has been approved by cabinate on 26th aug 2010 and may be pass in parliament on 30th aug.can ny 1 tell me - will it b applicable for may 2011 CA Final Exam or not ? as it will applicable from april 2011.

        I am going to join classes for Direct Tax,should i wait or join ?

Replies (11)
r yu kidding no way fr may-11 we r unaware bout nov-11??????

It will be applicable from May 2012 Exam onwards...

This has to be clarified by the Institute..., there may be chance that Institute may ask about DTC in may 2011 Exam.., or may not be...

Most probable, the chances are nil for coming about it in May or Nov 2011...

Ask at Institute helpline.....

Originally posted by : Devi Kala

It will be applicable from May 2012 Exam onwards...

 Thanks Devi

Will be appliable from May 2012.... Agrees with Devi

The financial year has already started and even the 1st quarter is complete. There is no possibility that the DTC is implemented for our exam as the Govt specifies what is applicable for the financial months before the said financial starts and not in between. Hope this clarifies your situation

Cheers.

please dont spread the rumours and understand the process first

the DTC is just passed in cabinet

now it will be accepted in parliament 

then The Finance minister will present it along with the finance bill 2011

then around july 2011 it will be passed 

now when it will be passed the next year may 2012 it shall be applicalbe

mere passing the DTC in cabinet and Parliament does not mean it is applicable in the indian context of taxation 

it will when will be officially brought by FM in official gazette along with the Finance bill 2011

Well explained Ravi .i agree with him.

Originally posted by : RAVI KHANAL

please dont spread the rumours and understand the process first

the DTC is just passed in cabinet

now it will be accepted in parliament 

then The Finance minister will present it along with the finance bill 2011

then around july 2011 it will be passed 

now when it will be passed the next year may 2012 it shall be applicalbe

mere passing the DTC in cabinet and Parliament does not mean it is applicable in the indian context of taxation 

it will when will be officially brought by FM in official gazette along with the Finance bill 2011

 Thanx Ravi

my pleasure :)

Applicable from May 2012


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