CA Final Amendments for Nov 2016
shubham dhingra (Job) (30 Points)
17 October 2016Please reply to my below query urgently as i am very confused:
I have an query regarding recent amenments applicable for Nov 16:
Many of the amendments are effective after 31st March 2016.
If in exam question is asked for F.Y. 2015-16 then will we answer as per amended law or priot to amendment.
For instance:
Equipment purchased for office use is capital asset for availing Cenvat Credit w.e.f. 01/04/2016. If in exam question it is purchased in 2015-16 then how should we answer?
Thanks.