WHAT IS ASSESMENT YEAR?
- 7 Answers
- 7251 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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 |
Is there any difference between Expenses and Payments
Depreciation?
Which is the better corporate business entity to chose for tax advantages - C Corp or S Corp?
How to calculate salary structure( PF, ESI, Gratuity, CCA, HRA, etc)
What is the entry posted for GRN (Goods received Note)? If the stock received from the party what entry have to post in books? And in which a/c it has been hit?
Do assets have to be analysed between funds?
What is the relevant range and why is it important to a full understanding of the behaviour of costs?
I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.
What is debit and what is credit ?
What is the Difference Between Retail Invoice & Tax Invoice?
37 Answers ABC, Allianz, Zenpac,
what is assesment? who do the assesment by income tax or sale tax,and when doing the assesment?what is the perod limit of assesment? assesment order sent by income tax or sale tax which form?
where is suspense entry is entered in tally erp9
Audit 
