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Budget 2023 applicability

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231 Points Posted on 01 February 2023
Is this budget applicable for the income tax returns for this Assessment year? i.e. 7 lakh limit is applicable for the return filing on or before 31st july 2023?
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On 01 February 2023 at 15:59 Report
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CA
115 Points Posted on 01 February 2023
No. This budget is applicable for returns to be filed next year.
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On 01 February 2023 at 16:09
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194 Points Posted on 01 February 2023
No...it's applicable for FY 2023-24
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On 01 February 2023 at 16:30
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Chartered Accountant
86505 Points Posted on 01 February 2023
Same is applicable from 01 april 2023 and assessment year applicable is 2024-25
814 Reply
On 01 February 2023 at 20:00
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Profession Business
28207 Points Posted on 01 February 2023
Every year budget is placed before both houses of parliament. It is recorded and approved.
Financial year 2023 -24 , assessment year 24 -25.
44 Reply
On 01 February 2023 at 20:40


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