Answer Posted / ahmad khan

ASSESMENT YEAR
`Assessment Year� is the period of 12 months commencing
from the 1st date of April and ending on the 31st day of
March next year. `Previous Year� is the financial year
immediately preceding the assessment year. For instance, the
current assessment year is A.Y.2001-2002 which starts from
1st April 2001 and ends on 31st March 2002. The previous
year relevant to this assessment year would be the financial
year 2000-2001 starting from 1st April 2000 and ending on
31st March 2001. As the income of the previous year is to be
taxed in the assessment year, the income of financial year
2000-2001 will be taxed in Assessment Year 2001-2002.
Likewise, income of F.Y.2001-2002 will be taxed in
A.Y.2002-2003 (
(((((((((( Previous year is a year in which income is
earned and that earned income is assessed to tax in the
assessment year. ex. for financial year 2010-2011 it is
previous yr and its assessment year is 2011-2012 i.e. income
earned from 1/04/2010 to 31/03/2011 is liable to tax in the
assessment year.)))))))))

Deferred taxation is a part of which equity?

1212

---

WHAT IS COMPOSITION RATE IN Andhara pradesh SALES TAX?

1924

---

In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?

1678

---

Does the tax liability of an individual get affected due to his residential status? If yes, explain.

1099

---

What are Excise Duty rates for Fin.Year 2009-10 for Pesticides and Chemicals Industries.

2421

---

my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.

1982

---

updated rates of sales tax & VAT in Maharashtra

2895

---

How to calculate sales tax ?

1882

---

Whether We can Get the Refund of Service Tax Paid Wrongly to the department.We are not suppose to pay the tax and we knew after that we can adjust that servies tax what we have collected from our client aganst services received from our suppliers.

5468

---

accounting taxation

1873

---

IF WE ARE WORKING IN PHARMA COMPANY & I SEND THE MEDICINE SAMPLE TO THE SALSMAN IN VARIOUS PLASE OF INDIA THAT TIME MADE INVOICE OR ANY OTHER CHALLN OR RECIEPT WHAT AS PER LAW ANY TAX APPLIED IN THE INVOICE & WHICH FORM WILL BE REQUIRED HOW TO GET IT, PLEASE GIVE ME DETAIL ALL INFORMATION WITH EXAMPLE & WHAT ENTEY OF THIS TRANSATION IN BOOKS OF ACCOUNT

2176

---

should pranav mukherjee has done things good, by giving burden to vodafone a huge tax liabilty.....it will not affect our fdi???

2074

---

if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?

5551

---

How do you plan to achieve these goals?

2515

---

HOW THE INTEREST WILL BE CALCULATED IF WE MAKE INCOME TAX RETURNS LATE AND WHAT IS MEANT BY YEAR END?

2570

---