Clarification regarding AY

FATEMA (CHARTERED ACCOUNTANT) (719 Points)

31 October 2011  

Dear all,

 

We have received a letter from CPC where the subject is "communication on arrear demand".There is a table on second page where they have written "A.Y.2004"..what does A.Y.2004 mean? is it A.Y.2003-04 or A.Y.2004-05?

 

Regards,

Fatema.