4 Replies
shekar
(Others)
(29 Points)
Replied 27 January 2021
This is the time in which the income earned during Financial Year is calculated and taxed.
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 27 January 2021
As per section 2(9) of the Income Tax 1961,
"assessment year" means the period of twelve months commencing on the 1st day of April every year.
"previous year" means the financial year immediately preceding the assessment year
Kapadia Pravin
(17264 Points)
Replied 27 January 2021
ayusmita
(Tax consultant)
(5890 Points)
Replied 27 January 2021
Recent Topics
- SOURCE RESPONSE ON FEED BACK PROVIDED BY TAXPAYER
- Help Required - U/S 87A
- GST TAX SLAB ON RENT A CAB
- ITR 2 not available for filing yet? AY 25-26
- Failed to complete pre validations.RET00001 GST RE
- RCM on Groundnut purchased from farmers
- Cash transfer treatment between spouse under new r
- APPLICABILITY OF GST ON PULSES PREPACKED AND LABEL
- HSN Code for Keychain (Plastic+metal)
- Society and development, Highlighted by a term fin
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
