Page 2 Assessment Year: Latest News and Updates, Top Stories, Videos, Photos About Assessment Year

Assessment Year News

Last date for filing ITR-V for 3 Assessment Years extended till March 31

NEW DELHI: The revenue department has extended till March 31 the time-limit for filing ITR-V Forms for Assessment Years 2009-10, 2010-11 and 2011-12, for returns that have been e-filed with refund claims. An assessee gets the ITR-V (Verification) Form when ...

Financial year and Assessment year-What is the difference?

While filing income tax returns, financial planners as well as Chartered Accountants, make use of these two terms, financial year and assessment year very often. In India, financial year (FY) commences from 1st April each year and ends on 31st ...

Send e-return copies to Bangalore centre: Income Tax department to taxpayers

NEW DELHI: Income Tax department has asked electronic filing taxpayers not having sent their returns copy for the two previous assessment years by post to its centre in Bangalore, to do so early. It also said that those tax payers ...