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This query is : Resolved 

05 October 2014 What are circumstances when previous year and assessment year are same?

05 October 2014 Can you please elaborate your query ?

05 October 2014 refer section 172, section 174, 174A, 175, 176 of the Income-tax Act, 1961

05 October 2014 The exceptions are as follows:
1. Shipping business of non-residents [Section
172]:

2. Assessment of persons leaving India [Section 174]


3. Assessment of association of persons or
body of individuals or artificial juridical person formed for a particular event or purpose [Section 174A]

4. Assessment of persons likely to transfer
property to avoid tax [Section 175]

5. Discontinued business [Section 176]

19 October 2014 yes agreed with above ans,...............


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