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Applicability of companies amendment act, 2017

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(Querist)
04 March 2018 Is Companies Amendment Act, 2017 is applicable from F.Y 2017-18(for making financial statements of the said year)??
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
04 March 2018 Since the effective date is in the fag end of the year some relaxation can be
expected as done for the application of Schedule III.
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Monika Gupta

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Monika Gupta (Querist)
05 March 2018 Sir,
Can i interpret it that till now the aforesaid act is not applicable for F.Y 2017-18??
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
05 March 2018 No because 21 sections are effective from 9-2-2018 vide notification of even date.
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