what is assessment year and previous year ?
- 50 Answers
- 148825 Views
- Bank Exams, Chartered Accountant, ICICI, SSC, TATA, I also Faced
- E-Mail Answers
Answer Posted / shyam
Assessment year the year in which year your Total Income
is assessed, e. g. If you are earning 750000/- in 2007-2008
(1 st April 2007 - 31st March 2008), then this Income will
assessed (Calculated) in the Financial year 2008 - 2009.
It means that Assessment year is 2008 - 2009, and Last
year is 2007 - 2008.
If then also you have any Further Queries then contact
me on sarsare07@rediffmail.com
Thank You !!!
| Is This Answer Correct ? | 118 Yes | 16 No |
Post New Answer View All Answers
what is city commodity tax
which purchases is profitable for us a building material purchases from direct of contactor ?
what are the slab rate for F Y 2010-11
WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.
Pls.tell me some website name who display practical question & answers of accounting work. like tds, service tax entry and some more. also provide important knowledge of all taxes.
What are the basic and additional conditions for resident and ordinarily resident (ror)?
why VAT not charged in deemed sales bill.
if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally
i want to know about Form c,D,E, E-1,E-2,F,G,H,I.WHEN IS LIABILITIES OF ISSUE OF ALL RELATED FORM ON SELLER AND BUYER.PLZ SEND THE ANSWER OF THIS QUESTION ON MY E-MAIL
Sir please confirm job work sale for clothes shat d1 yes & no
How much is the VAT in UAE
How to calculate sales tax ?
what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure
what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it
How to working service tax in excel sheet?
