Dividend Tax - Sec115 O
This query is : Resolved
26 July 2008
Please let me know whether newly inserted Sub section (1A) is applicable for Financial year 2007-08 i.e ., AY 2008-09 or FY 2008-09 and AY 2009-10 as it is said that it is effective 1-4-2008. It is not spelt clearly that whetehr it is FY or AY. This kind of confusion arises in my mind always as to the applicable FY and AY.
26 July 2008
It is effective from 01.4.2008 i.e. for the F.Y. 2008-09 & A.y. 2009-10
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