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Dividend Tax - Sec115 O

This query is : Resolved 
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(Querist)
26 July 2008 Please let me know whether newly inserted Sub section (1A) is applicable for Financial year 2007-08 i.e ., AY 2008-09 or FY 2008-09 and AY 2009-10 as it is said that it is effective 1-4-2008. It is not spelt clearly that whetehr it is FY or AY. This kind of confusion arises in my mind always as to the applicable FY and AY.
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Yatesh Prakash Renuke

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Yatesh Prakash Renuke (Expert)
26 July 2008 It is effective from 01.4.2008 i.e. for the F.Y. 2008-09 & A.y. 2009-10
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