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Query Details

Asked by BrahmaStra on :Mar. 21, 2018

what is assessment year

what is assessment year

what is assessment year

0

Jeeba Mar. 21, 2018

Assessment year means the year in which income tax of previous year has to be assessed. In other words, it is the period of one year commencing from 1st April of the year and ending on 31st March of the next year.

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