Interpretation
This query is : Resolved
31 July 2012
What does wef 01-04-2012 mean???AY 12-13 or FY 12-13?? Please also mention the source for confirmation...
31 July 2012
Assessment year is applicable to the previous year. Income earned during the previous year is assessed to tax in the Assessment Year.
All provisions are applicable from the start of the Financiall Year and NOT from the start of the Assessment Year.
So, w.e.f 1.4.2012 means previous year 2012-13 (AY 2013-14)
All provisions are applicable from the start of the Financiall Year and NOT from the start of the Assessment Year.
So, w.e.f 1.4.2012 means previous year 2012-13 (AY 2013-14)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- ITR returnFY25-26
- Treatment of Pension ?annuity returns on PMVY
- Scrutiny assessments u/s 143(2) for AY 25-26
- Itr 1 processing
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 2 Short Term gain & Long term gain
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
