finance act 2009 will be applicable for may 2010

Thanks for the reply subham sir, but which rate will be applicable for nov 2010????????????

finance act 2009 will be applicable for may 2010 as well as for nov 2010. Budget 2010 will be applicable for May 2011 exams.

i.e. Rs 160000

Hey , just find attached the file for your solution containing the income tax rates applicable for May & Nov. 2010 exams.

Originally posted by : Mangesh
	finance act 2009 will be applicable for may 2010 as well as for nov 2010. Budget 2010 will be applicable for May 2011 exams.

AGREE...

i.e. Rs 160000

and what abt other amendments??

Ammendments passed only  prior to 6 month of exam are applicable..

thanx............

Thanks for all of you who had replied to my query and helped me setting aside my confusion                                     once again thanksssssssssssssssssssssssssssss

Originally posted by : on a way to ca
	Thanks for the reply subham sir, but which rate will be applicable for nov 2010????????????

DON`T CALL ME SIR,YAAR

For the AY 2010-11 The Finance Bill 2009 will be applicable and The Finance Bill 2010 passed will be applicable for the AY 2011-12. Finally for May 2010 Exams Finance Act 2010 will be applicable.

Yes......It is Finance Act 2009.....A.Y. 2010 - 11 for May 2010 exam..........