Applicability Of the Finance Act, Assessment Year etc. for May, 2017 Examination
The provisions of income-tax and indirect tax laws, as amended by the Finance Act, 2016, including circulars and notifications issued upto 31st October, 2016, are applicable for May, 2017 examination. The relevant assessment year for income-tax is A.Y. 2017-18.
Students may note that the new ICDS would be relevant from May, 2017 examinations.
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