WHAT IS ASSESMENT YEAR?

Answer Posted / satyaki_raju@yahoo.com

MR Ravi Notani as you said assessment year is not running
year
It is the period of 12 months commencing from the 1st day
of April immediately after the previous year For example
for previous year ending on 31-3-2009 the assessment year
will be 2009-2010

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