Whether Assessment Year and Financial Year under Sales Tax act is same or what??
Financila Vs Assessment Year under SAles TAx Act
Ankit Agrawal (CA FINAL ARTICLE) (155 Points)
04 December 2008Ankit Agrawal (CA FINAL ARTICLE) (155 Points)
04 December 2008Whether Assessment Year and Financial Year under Sales Tax act is same or what??
WHO it can be
(Manager)
(40 Points)
Replied 11 January 2009
There is no concept of FY and PY, under indirect taxes every transaction is beeing assesed and tax liability is determined.