Please Help: IFRS,DTC,GST
Posted Date : 11-Sep-2011 , 11:58:36 am | Posted By CA PRAVEEN SINGH
Dear experts...would u please tell me date of applicability of,IFRS,DTC,GST.
Category : Income Tax | Answers : 3 | Comments : 1 | Hits : 878
Answers
Answer By: Ashish Karundia
Dear Parveen,
The date of applicability of IFRS in India (i.e.IND-AS) is deferred to a future date by a press release issued by MCA (Please click on the following link to access the Press release http://www.casansaar.com/notification_details.php?id=202)
The date of applicability of IFRS in India (i.e.IND-AS) is deferred to a future date by a press release issued by MCA (Please click on the following link to access the Press release http://www.casansaar.com/notification_details.php?id=202)
Answer By: Ashish Karundia
Dear Praveen,
DTC is likely to be applicable from 1st April, 2012. The same is also written in the DTC Bill also as the date of commencement. Further, the same was also told in a recent interview by the Finance Minister.
DTC is likely to be applicable from 1st April, 2012. The same is also written in the DTC Bill also as the date of commencement. Further, the same was also told in a recent interview by the Finance Minister.
Answer By: Ashish Karundia
Further, The date of applicability of GST has been deferred to 1st April, 2012. However, the same is also not likely to be met due to lack in agreement between different state finance ministers. The same was also said by the union Finance Minister recently.
Comments
CA VIPIN GARG
12-Sep-2011 , 09:23:50 amVery rightly said again by Ashish Jiiiiii