Chapter VII of finance act 2013 shall come into effect from 1 July 2013. Income tax department issued a notification no. 45/2013 dated 19 June 2013 regarding effective date of chapter VII of finance act 2013. Full notification is as under.
S.O. 1768 (E).- In exercise of the powers conferred by sub-section (2) of section 115 of the Finance Act, 2013 (17 of 2013), the Central Government hereby appoints the 1st day of July, 2013 as the date on which Chapter VII of the said Act shall come into force.
[Notification No. 45/2013: F.No. 142/09/2013-TPL]
Tags-chapter 7 of finance act,chapter vii of finance act,chapter vii of finance act effective date,effective date of chapter 7 finance act,finance act 2013