Tds

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pvsrikanth (Querist)
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06 August 2011 DEAR SIR,

WHILE MAKING TDS PAYMENTS (281 CHALLAN) ASSESSMENT YEAR MEANS AFTER IST APRIL TO 31ST MARCH ? IS IT CORRECT. SUPPOSE WE MAKING PAYMENTS OF 2009-10 THEN WE TAKE 201-2011 A.Y. IF 2010-2011 PAYMENTS ALSO CAN V TAKE 2010-11 AS A.Y. F.Y MEANS WHAT? CAN WE CLUB WHOLE YEAR AND CAN WE MAKE ONE PAYMENT.

CA Aditya Goel

CA Aditya Goel (Expert)
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06 August 2011 Previous Year 01/04/2011 - 31/03/2012
Assessment Year 2012-2013

Previous year is the financial year in which income is earned and Assesement year is the year in which income of previous year is assessed.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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06 August 2011 Assessment year means the year which is going to assess your income, ex. your income of the financial year 2010-11 will be assessed during 2011-12.so always assessment year for particular year is next year

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