Answer Posted / santosh kumar pattanaik
Tax assessment means it is a tax of previous year which we
have to pay in this year as per income tax law. under
section 200.
For the assessment year, income tax is paid on total income
earned during the preceding financial year. This period is
referred to as the previous year in the Income Tax Act. The
present information is applicable to the financial year
beginning on 1st April 2008 to 31st March 2009, relevant
for the Assessment Year 2009-2010.
Also you can get more information as given below link.
http://law.incometaxindia.gov.in/TaxmannDit/DisplayPage/dpag
e1.aspx
Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.
What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?
what is rate of different service tax in haryana
In advance c form dvat why not showing the amount in form verification
Q.No.1) I paid Salary to our staff after deduction TDS. what is the journal entry pass at that time of payment of salary only, and then at the time of payment of tds. and the last date for payment of TDS Q.No.2) Suppose I paid Salary In advance due to that officer is take business tour at the end of the month in after deducting TDS. Now What is the journal entry Salary Advance & Payment of TDS. and when i will pay TDS for This Situation. Kindly Help me
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
WHEN I AM DOING 1ST TIME VAT RETURN E-FILLING, WHAT IS PROCESS FOLLOW HOW GET E-RETURN FILLING PERMISSION HOW APPLY FOR GET THE USER I.D & PASSWORD FOR E-RETURN FILLING IF ELSE, PLEASE GIVE ME THE RIGHT ANSWER ON MY E-MAIL ADDRESS ON sonidilip87@yahoo.com
If a nri buys property in india, does he has to pay property tax?
I want to know the TDS ammount which deducted by company.
in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?
Define assessment year.
what is procedure to get c form? what is procees to get vat /tin no
on earth moving road work which type of tax is applicable?
How can deduct tds from auction cases (timber)
when charges PURCHASE @ 12 % TAX RATE ?