May i know?

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Which tax assessment year is to be followed for MAY 2013? 2012-13 (or) 2013-2014..

Replies (7)
May 2013 falls in financial year 2013-2014 so AY would be 2014-2015

You meant the Assessment year relevant for May 2013 exam...

Its. AY 2013-14 (It means the income for PY 2012-13 is assessed during 2013-14)

sorry to say that but I do not agree with the reply given by Mr Santosh Mishra. for May exam the AY applicable shall be AY 2013-14.

REGARDS.

AY 13-14 is applicable for May 2013 exam..
Originally posted by : PRANAV MISHRA

sorry to say that but I do not agree with the reply given by Mr Santosh Mishra. for May exam the AY applicable shall be AY 2013-14.

REGARDS.

 

Sorry but as this discussion was posted in “Income Tax” section with the subject "Tax queries" so I thought it is related to taxation.

@ santosh dude its ok....

 

Applicability of Finance Act, Assessment Year etc. for May 2013 Final Examination
 
(1) The amendments made by the Finance Act, 2012 in DTL & IDTL;
 
(2) The provisions of direct tax laws as applicable for the assessment year 2013-14;
 
(3) The significant notifications and circulars issued upto 31stOctober, 2012 (DTL & IDTL)


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