From which year this notification is apply?
In this they says that assessment year 2018-2019 but from which financial year apply?? In this year, before April is it applicable?
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income tax notification g.s.r.865(E)
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G.S.R. 865(E).- In exercise of the powers conferred by section 50CA and sub-section (2) of section 56 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1. (1) These rules may be called the Income-tax (20th Amendment), Rules, 2017.
(2) They shall come into force from the 1st day of April, 2018 and shall apply in relation to assessment year 2018-19 and subsequent years.
It relates to FY 2017-18....& onward.....
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