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
15 Feb 2017 
1 Reply 
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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)
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)