Option to be exercised at beginning of year within 1 month
(i.e.for 2016-17,option to be excercised by 30 April 2016)
The option once exercised cannot be withdrawn during the remaining part of the financial year.
Last updated at Dec. 16, 2024 by Teachoo
Option to be exercised at beginning of year within 1 month
(i.e.for 2016-17,option to be excercised by 30 April 2016)
The option once exercised cannot be withdrawn during the remaining part of the financial year.
About the Author
CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.