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Applicability of tax audit for ay-2016-17

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(Querist)
18 May 2016 Dear Experts,

I would like to know the applicability of Sec 44AB for the AY 2016-17. Whether the recent amendments are applicable from AY 2016-17 (FY 2014-15)? Please clarify.

Priyanka Kapasi
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
18 May 2016 The amendment brought in through Finance Act,2016 in section 44 AB is applicable from asst. yr. 2017-18
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Rupesh Jain

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Rupesh Jain (Expert)
18 May 2016 its applicable on A Y 2016-17....
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