cs PROFESSIONAL ADVANCED TAX LAWS AND PRACTICE PROGRAMME
UPDATESFORADVANCED TAX LAWSAND PRACTICE(OLD SYLLABUS)
(Relevant for students appearing in June, 2016 examination)
Students appearing in June 2016 Examination shall note the following:
1. Finance Act, 2015 is applicable.
2. Applicable Assessment year is 2016-17 (Previous Year 2015-16).
3. Since, Wealth Tax Act, 1957 has been abolished w.e.f. 1st April, 2016.
The questionsfrom the same will not be asked in examination from December 2015 session onwards.
4. Students are also required to update themselves on all the relevant Notifications,Circulars, Clarifications, etc. issued by the CBDT, CBEC & Central Government, onor before six months prior to the date of the examination
These Tax Updates are to facilitate the students to acquaint themselves with theamendments in tax laws upto December, 2015, applicable for June, 2016Examination. The students are advised to read their Study Material (2015 Edition)along with these Tax Updates.
Income Tax Act, 1961Income Tax Rules , 1962
The Black Money (Undisclosed Foreign Income and Assets) and Imposition of TaxAct, 2015PAR