I want to know that "Is new Direct tax code will be applicable from May 2011 attempt ?"
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Is New DT code will be applicable for May 2011 attempt
Replies (2)
No. Even if it is passed by parliament, it shall be applicable from April 2011. So not applicable to May 2011, as six months prior condition shall not be complied in this case.
thanks Tarun ji.
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