What is Assessment Year?
Answer / srd1007
Assessment Year Section 2(9): It means the period of 12
Months starting from 1st April and ending on 31st March of
the next year.For e.g.,the assessment year 2010-2011 which
will commence on 1st April 2010 & end on 31st March
2011.Income of previous year is taxed on the basis of rates
prescribed by the relevant Finance Act for the relevant
assessment year.
| Is This Answer Correct ? | 4 Yes | 1 No |
hi ,this is salman from hyd.my brother in law is working as court master in high court hyd.he didnt have atleast common sense.he and his family always wants to complete her demands for silly things.they are making silly things as a big issue.i dont understand what to do? if i lodge any complaint he would know better ipc section to escape because he is working under high court judge.kindly suggest me a good solution to live my sister life happy for ever.my email id is sallumia143@yahoo.com
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