hi, i am indraneel excuse can any one help me out about my exams which i am going to appear in may 2012 I.P.C.C
should i use amended tax rates which are to be released in April
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Which tax rates r to be used
Replies (2)
No. Refer ICAI's notification for the applicable amendments if any.
For May and Nov 2012 examinations, Finance 2011 would be applicable.
ICAI Funda: May and Nov 2012 are covered by AY 2012-13 and FY 2011- 12 whereby Finance Act 2011 is applicable.
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