Imp amendments ipcc pcc final nov 2011

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"The Revised Schedule VI shall come into force for the Balance Sheet and Profit and Loss Account to be prepared for the financial year commencing on or after 1.4.2011 and is applicable for Nov. 2011 Examination"

AMMENDMENTS NOT APPLICABLE FOR NOV 2011

FROM ICAI click here

APPLICABLE PROVISIONS FOR CA-IPCC NOV 2011 ATTEMPT

If you are appearing in Nov 2011

DIRECT TAX : Follow AY 2011-12 and amendments made upto 30-4-2011.

SERVICE TAX : The significant amendments made by circulars/notifications issued between 1.5.2010 and 30.4.2011 would be hosted at the BOS knowledge portal on the website of the Institute www.icai.org and would also be given in the Revision Test Paper (RTP) for November, 2011 examination.



Students may note that the Examination Committee of the ICAI has decided that Point of Taxation (POT) Rules, 2011 would not be applicable in Part-II Service Tax and VAT of Paper 5: Taxation (PCC) and Paper 4: Taxation (IPCC) for November 2011 examinations. Consequently, the ensuing amendments made in the ervice Tax Rules, 1994 (mentioned above) would also not be applicable for November 2011 examinations.

All the amendments made by significant notifications/circulars issued from 01.05.2010 to 30.04.2011 which are relevant for November 2011 examinations have been given as an Appendix to the Revision Test Paper (RTP) of the said examination. The RTP has also been hosted on the BOS Knowledge Portal of the Institute’s website

If you are appearing in May 2012



DIRECT TAX : Follow AY 2012-13 and amendments made upto 31-10-2011.

SERVICE TAX : Amendments made upto 31-10-2011.