40 a 3
This query is : Resolved
29 May 2017
Cash payment exceeding 10000 cannot be made from 1.04.2017 or 01.04.2018 please clarify
CA R SEETHARAMAN
(Expert)
29 May 2017
It is from 1-4-2017.........................
29 May 2017
w.e.f 1.4.2018, Pl see Finance Act 2017.
CA R SEETHARAMAN
(Expert)
29 May 2017
The amendment apply in relation to the assessment year 2018-19 and subsequent years. The relevant financial year is 2017-18.
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CA Rashmi Gandhi
(Expert)
29 May 2017
It is from 01 April 2017
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31 May 2017
I stand corrected. Effective date is 1.4.2017
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