CA Vasiullah (Vasi) (Audit Executive) (1813 Points)
15 November 2010when DTC will be implemented??? from april 1,2011??
will old Income Tax Act be scrapped after may 2011 attempt?? and DTC will replace it from Nov,2011 onwards????
Faiz Ahmed
( Article Trainee)
(1731 Points)
Replied 15 November 2010
It will be implemented w.e.f. 01/04/2012. See this -- https://indiatoday.intoday.in/site/Story/117781/no-further-change-in-timing-of-dtc-implementation-mos-finance.html
You will have current Income Tax Act 1961 at least up to Nov 2012 exams. DTC will be applicable only after Nov'2012 exams subject to its timely implementation by Govt & announcement by ICAI for its exams.
Let other also comment
CA Vasiullah (Vasi)
(Audit Executive)
(1813 Points)
Replied 16 November 2010
thnx for the good work Faiz.........
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