“Assessment Year”, as per Section 2(9) of the Income-tax Act, means the
A. Period of 12 months, commencing on the first day of April every year.
B. Year immediately succeeding the Previous year
C. A year in which income earned in the previous year is assessed to tax.
D. All of the above
Answer:D
“Assessment Year”, as per Section 2(9) of the Income-tax Act, means the
A. Period of 12 months, commencing on the first day of April every year. B. Year immediately succeeding the Previous year C. A year in which income earned in the previous year is assessed to tax. D. All of the above