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Finance act

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 February 2016 will the finance act of 2016 be applicable on income earned during the F.Y. 2015-16 or the income that will be earned during F.Y.2016-17? That is, does the finance act give rates for the past earned income or the one that would be earned in the new financial year ?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
23 February 2016 it will be applicable for FY 2016-17...
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 February 2016 could you please answer this query - https://www.caclubindia.com/experts/plssssssssssssssssss-help--2276069.asp
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