1. Categories >> Accounting >> Accounting General
  2. Suggest New Category

Any income which is earned in the financial year(2009-10)
but received in the assessment year(2010-11) wil be taxable
or not?

Question Posted / rahul.trisoliya

Answers were Sorted based on User's Feedback



Any income which is earned in the financial year(2009-10) but received in the assessment year(2010..

Answer / shivendra dutt

YES

Is This Answer Correct ?    5 Yes 0 No

Any income which is earned in the financial year(2009-10) but received in the assessment year(2010..

Answer / dharmesh sati

yes it is be taxable under prior period

Is This Answer Correct ?    5 Yes 0 No

Any income which is earned in the financial year(2009-10) but received in the assessment year(2010..

Answer / shyama

it wiil be taxable in the hands of residents for the year
2009-2010

Is This Answer Correct ?    2 Yes 1 No

Post New Answer

More Accounting General Interview Questions

Explain me scrap value in accounting?

0 Answers  

Every year very huge amount of depreciation debited at any of company's account, which is actually non cash expense, now where actually amount goes at the year end?

3 Answers  

Revenue Expenditure

0 Answers   Chartered Accountant,

how to calculate working capital?

6 Answers  

What is mean by Asset area?

0 Answers   HP,




4_ _ _ 4 _ _ _ 4_ _ _ 4 =20 use +,-,/,* to solve ot

5 Answers  

HELLO FRIENDS I WANTED TO THAT IS DUPLICATE KEY MAKING CHARGE IS UNDER THE HEAD OF GENERAL EXPENSES

0 Answers  

When we paid TDS on commission how will journal entry come

0 Answers  

Name three (3) corporate action types

6 Answers   FactSet Systems, Shore Infotech,

the amount paid aganist the outstanding salary and the amount paid aganist the loan (liabilities)-how and where to make an entry?

2 Answers  

what is the maximum amount of adversiting while we paying in cash

1 Answers  

Hey can any body tell me..What are negative assets?

0 Answers  

For more Accounting General Interview Questions Click Here
Categories