Please Help: VAT Audit
Posted Date : 03-Aug-2011 , 06:43:04 pm | Posted By: CA Rajnish
Category :
VAT | Answers :
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Comments :
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What it mean assessment year in u.p.vat?is it financial year? |
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Answers:
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 Answer by: PRIYANKA |
| Assessment year and financial year are same in UPVAT, They are not two different concepts as in case of Income tax. Generally the term Assessment year is used instead of financial year in UPVAT. while filing returns for the period april 2011 to march 2012, it would be called Assessment year 2011-12. Hope ur doubt is clear..:)
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| Posted By : PRIYANKA |
05-Aug-2011, 11:59:22 |
| welcome rajnish jee..:) |
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| Posted By : PRIYANKA |
05-Aug-2011, 11:59:06 |
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| Posted By : CA VIPIN GARG |
04-Aug-2011, 03:19:14 |
| Yes completely agree with my respodents............... |
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| Posted By : CA Rajnish |
04-Aug-2011, 11:11:48 |
| Thanks priyanka ji,om prakash ji and ashish ji for giving correct solution and removing my confusion. |
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| Posted By : Ashish Karundia |
03-Aug-2011, 10:30:32 |
| As per Section 2(c) of UPVAT Act, 2008 assessment year means the period of twelve months commencing on the first day of April of a calendar year.
I hope this serves your purpose |
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