CBDT Clarify initial Assessment Year u/s 80IA(5) of Income tax Act By CA Satbir Singh | February 19, 2016 0 Comment (Last Updated On: February 19, 2016) CENTRAL BOARD OF DIRECT TAXESCircular No 1 /2016 DATED 15 TH FEB 2016 Subject : Clarification of the term Initial Assessment Year in Section 80IA(5) of the Income tax act 1961