The 36-time Italian champions who were third on the table have dropped to 10th as a result.
The Italian Football Federation have also handed two-year bans to the club's former chairman Andrea Agnelli and former Chief Executive Maurizio Arrivabene.
Former sporting director Pavel Nedved has been hit with an eight-month ban.
Juve's former sports director Fabio Paratici, now Tottenham's managing director of football, has been banned for 30 months.
Juventus' entire board resigned in November when investigations commenced into the club's finances.
Juventus have denied any wrongdoing and intend to launch an appeal.
A statement by the club's lawyers read: "Today's acceptance of the appeal for revocation by the Federal Court of Appeal seems to us to constitute a clear unequal treatment to the detriment of Juventus and its managers compared to any other club or registered player.
"We are waiting to carefully read the reasons for presenting the appeal before the Sports Guarantee College. However, we point out, as of now, that only Juventus and its managers are attributed the violation of a rule, which the sports justice itself had repeatedly recognised did not exist.
"We believe that this is a clear injustice also towards millions of fans, which we trust will soon be remedied in the next level of judgement."
Juventus will play Atalanta on Sunday.
