alleryStart learning →For deals from 1 April 2014, the older two-year-prior data allowance does what?
AIt ceases to apply
BIt applies to all deals
CIt is doubled in scope
DIt becomes compulsory
Answer & Solution
Correct answer: A. It ceases to apply
The second proviso says the first proviso on using prior-year data does not apply to transactions entered on or after 1 April 2014.
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