Meaning

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jeeva (Querist)
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24 November 2010 Dear sir,

I have received letter form IT dept for late tds payment. I found following word

1. Return Financial year
2. RRR Financial year.

Pls let me know the meaning of both above year

Thanks & Regards,
Jeeva

S. Karthi

S. Karthi (Expert)
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25 November 2010 Return Financial year
its common meaning for submission of income tax return for the financial year

Required Rate of Return
In securities, the minimum acceptable rate of return at a given level of risk. Different investors have different reasons for choosing their required returns. Normally, it is determined by a person's or institution's cost of capital. For example, an investor may also carry a debt with a high interest rate; if an investment does not meet a required rate of return, it would make more sense for the investor to pay down his/her debt. The required return is also related to the amount of risk an investor is willing to accept. One with a portfolio consisting largely of bonds will generally have a lower required return than one whose portfolio contains mainly stocks. See also: Markowitz Portfolio Theory.

S SRINIVASAN

S SRINIVASAN (Expert)
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26 November 2010 Dear Jeeva
Return financial year - Financial year for which the return of tds is filed
RRR financial year - The financial year in which revised return is filed. Or simply the assessment year when no revised returns have been filed

jeeva

jeeva (Querist)
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26 November 2010 Thanks sir

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