Accountancy, asked by sonalinayak7868491, 7 months ago

define assessment year​

Answers

Answered by pitamberpd2235
3

Answer:

Assessment year: On the other hand, assessment year (AY) is the year following the financial year, in which your income is assessed. This also lasts from 1 April to 31 March and is the year in which you file your income tax returns for the taxes paid in the relevant financial year.

Answered by Anonymous
17

Answer:

Assessment year: On the other hand, assessment year (AY) is the year following the financial year, in which your income is assessed. This also lasts from 1 April to 31 March and is the year in which you file your income tax returns for the taxes paid in the relevant financial year

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