Hello ,
Please reply to my below query urgently as i am very confused:
I have an query regarding recent amenments applicable for Nov 16:
Many of the amendments are effective after 31st March 2016.
If in exam question is asked for F.Y. 2015-16 then will we answer as per amended law or priot to amendment.
For instance:
Equipment purchased for office use is capital asset for availing Cenvat Credit w.e.f. 01/04/2016. If in exam question it is purchased in 2015-16 then how should we answer?
Thanks.
Menu
CA Final Amendments for Nov 2016
Replies (3)
amendments took place at least 6 months before the exam to be held are applicable, hence for nov. 2016 amendments till 30th april 2016 are applicable.
Thank you for reply.
I know, but my question is different.
I know, but my question is different.
you have to answer as per amendment, if that amendment is on or before 30th april, 2016.
Recent Topics :
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
Related Topics :
CAclubindia
