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WHAT IS ASSESMENT YEAR?
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Answer / santosh
Assesment year mean next to financial year e.g. if
financial year is 2008-2009 than Assesment year is 2009-
2010.
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / 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
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / sowmya
A.Y is the one in which the income earned during the
previous year is assessed to tax.it is a period of 12 months
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / m.devi
The assesment year means which year is going on i.e
Apr-1 to Mar-31 is the assesment year of a business.
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / sachin
asswsment year is the 12 months period which is starts with 1 april and end 31 march.and previous year income is taxable in this year.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / anamika sheoran
assesment year is 12 months period which is start 01st
april and close 31st march.its like current year is 2010
then the assesment year 2010-2011
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / ravi notani
Asswsment year is runing year for exsample -2008-2009 is
busnes running year is assment year
| Is This Answer Correct ? | 0 Yes | 3 No |
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