Finance Act applicability
rajat (hhh) (29 Points)
02 December 2017
Finance Act 2017 applicable from which FY ?
3 Replies
siddharth gupta
(21 Points)
Replied 02 December 2017
FY 2017-18 and in Income Tax Act terms it is known as previous year. Corresponding to this previous year the assessment year shall be 2018-19.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 02 December 2017
Yes... it's applicable from 1st April 2017. It's treat on FY 17-18 as AY 18-19...
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