Menu
PY income to be taxed as per slabs of which finance act..
Income of previous year 21-22 will be taxed as per slab rates given by finance act 2021 or finance act 2022..??
Replies (6)
Quick Summary
Finance Act 2021
We are using FA 2020 for AY-2021-22.
So FA 2021 is applicable for 2021-22 PY ( AY-2022-23 )
So FA 2021 is applicable for 2021-22 PY ( AY-2022-23 )
Tomorrow is Budget (1-1-2022) , So Finance bill will be table tomorrow in Lok sabha , that bill will get approval from both houses of parliament ,Lok sabha and Rajya sabha , after that getting ancient from Honorable presedent of India , same bill will become ACT and that will be FINANCE ACT 2022 .
For F.Y 21-22 Finance Act 2021 will applicable.
For F.Y 21-22 Finance Act 2021 will applicable.
Thankyou now i am clear
No dear that is for the coming financial year 22-23.
Please correct "Assent from " instead of " "Ancient from " in my above reply .
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
