Is The Tax Year The Same As The Calendar Year. February 28, 2017 7 min read. Financial reports, external audits, and federal tax filings.
A tax year is a calendar year, but a calendar year isn’t necessarily a fiscal year. Government of india is thinking of change of financial year (april to march) to calendar year (january to december).
Why Does An Itr Form Have An Assessment Year?
Tax implications of using the calendar year vs.
A Person's Financial Year Is The Year In Which He Or She Receives Money For Tax Purposes.
When does the tax year end?
Government Of India Is Thinking Of Change Of Financial Year (April To March) To Calendar Year (January To December).
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A Person's Financial Year Is The Year In Which He Or She Receives Money For Tax Purposes.
Both fy and ay start on 1 april and end on 31 march.
A Year Is A Year, Right?
For individual and corporate taxation purposes, the calendar year commonly coincides with the fiscal year and thus generally.