Year of applicability of notifications
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 April 2015
When it is given in notification that it is applicable from 01/04/2015, what does it mean? whether from A.Y. 2015-16 or A.Y. 2016-17?
Further if in the incometax act or rule same is given , whether the treatment will be same?
Please provide me riference.
Further if in the incometax act or rule same is given , whether the treatment will be same?
Please provide me riference.
CMA Ramesh Krishnan
(Expert)
16 April 2015
for all the notifications, it will be mentioned whether assessment year or previous year, if not mentioned you can consider as previous year.
CA AnKiT BoHrA (AB)
(Expert)
17 April 2015
if it is written as applicable from 01.04.15, it means it wil b applicable for f.y. 2015-16 i.e. a.y. 2016-17
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