TaxTMI 
TaxTMI 
Sir,
May I know the meaning of the words 'Effective from 1st April 2018 and will accordingly apply in relation to Assesment Year 2018-19 and subsequent Years' used in Finance Bill 2017.
Effective date
Guest
Effective date wording in Finance Bill creates ambiguity; forum reply flags the phrase as a likely drafting error. Query about the phrase 'Effective from 1st April 2018 and will accordingly apply in relation to Assessment Year 2018-19 and subsequent Years' in the Finance Bill 2017, with the forum reply stating the wording 'appears to be error.' (AI Summary)
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