Date of effect of amendments


This query is : Resolved 

17 February 2013 Dear sir/madam

The amendments made in the income tax act are from with effect from some date. Now say an amendment is w.e.f 01.04.12. Does it mean that it is in effect from assessment year starting from 01.04.12 or previous year starting from 01.04.12?

Thank you for your time

17 February 2013 It is for the assessment year starting from 1-4-2012. AY 2012-13.
.
If the date is 1-6-2012... it is effective from the particular date of 1-6-2012.
.


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