Economy, asked by sgokuahulrai5425, 1 year ago

Financial year and assessment year in india

Answers

Answered by Aditya72779

For example, if your financial year is from 1 April 2015 to 31 March 2016, then it is known as FY2015-16. The assessment year for income earned during this period would begin after the financial year ends–that is on 1 April 2016 till 31 March 2017.

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