May i know?

Tax queries 959 views 7 replies
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Confidence BOSS !!
152 Points Joined July 2012

Which tax assessment year is to be followed for MAY 2013? 2012-13 (or) 2013-2014..

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On 10 March 2013 at 12:51 Report
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AM
1135 Points Joined May 2008
May 2013 falls in financial year 2013-2014 so AY would be 2014-2015
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On 10 March 2013 at 13:26
Guest

You meant the Assessment year relevant for May 2013 exam...

Its. AY 2013-14 (It means the income for PY 2012-13 is assessed during 2013-14)

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On 10 March 2013 at 14:27
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CA Final student
573 Points Joined March 2008

sorry to say that but I do not agree with the reply given by Mr Santosh Mishra. for May exam the AY applicable shall be AY 2013-14.

REGARDS.

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On 10 March 2013 at 18:28
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Student CA- Final CS- Executive
169 Points Joined June 2011
AY 13-14 is applicable for May 2013 exam..
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On 10 March 2013 at 18:45
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AM
1135 Points Joined May 2008
Originally posted by : PRANAV MISHRA

sorry to say that but I do not agree with the reply given by Mr Santosh Mishra. for May exam the AY applicable shall be AY 2013-14.

REGARDS.

 

Sorry but as this discussion was posted in “Income Tax” section with the subject "Tax queries" so I thought it is related to taxation.

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On 10 March 2013 at 20:14
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CA Final student
573 Points Joined March 2008

@ santosh dude its ok....

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On 11 March 2013 at 14:53
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Finalist
35929 Points Joined September 2009

 

Applicability of Finance Act, Assessment Year etc. for May 2013 Final Examination
 
(1) The amendments made by the Finance Act, 2012 in DTL & IDTL;
 
(2) The provisions of direct tax laws as applicable for the assessment year 2013-14;
 
(3) The significant notifications and circulars issued upto 31stOctober, 2012 (DTL & IDTL)
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On 11 March 2013 at 17:29


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