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