financial year, is the given year where u have earned your income..This is a period used for calculating annual income on which you can calculate tax to be paid. Assessment year is the year in which the income earned is
assessed. This is done for filing returns. In other words previous year is the year in which income is earned and following year is assessment year where u file your returns., based on the income what you have earned previous year.
earned. Eg. AY 2007-08 and prev year is 2006-07.
u have less work of course
the B. Tech or Bachelor of Technology is a 4-year graduate-level course, course or Bachelor of Science course is a 3-year graduate-level course. It has been argued that B.Sc. programmes offer fewer career opportunities than B.
All formal assessments are summative, but not all summative assessments are formal. Formal assessments are standardized and administered in controlled environments typically once a year or less frequently, and scores are utilized for the sake of comparison. Summative assessments gauge a large amount of content acquisition, such as most district and state standardized tests, but they are not always conducted in regulated settings, they can happen multiple times per year, and there is not always a baseline score for comparison. End-of-unit tests or end-of-semester projects are summative but not formal.
Between World War and the Korean war, there was a 5 year interlude of peace.
A-level courses in the UK are (very) approximately equivalent to Advanced Placement (AP) courses offered by American high schools. An Associate's degree is a two year college degree, similar to the British Foundation degree. They are usually offered by institutions like Community Colleges and vocational schools, which do not offer Bachelor's or higher degrees.
They are the same; in the financial year we earned income.
52 ... The difference between this and a standard year is that a financial year can start on any date so long as it continues for 52 consecutive weeks thereafter.
final dividend is paid after close of financial year.interim dividends are paid during financial year depending upon company financial health & policies.
The major difference between finance and accounting is that, accounting is general, deals with all economic facts that occur throughout the financial year, financial is specific deals only with finances
Budget is the projected financial estimate in a given year, whilst expenditures are the actual expenses incured in carrying out the budget.
Proposed dividend refers to the amount expected to be paid to shareholders. Final dividend is the official dividend paid to shareholders at the end of a financial year.
A year and a year of maturity. The difference in a year of growing up is huge.
1-july to 30-june
1 day :)
Total income of the assessee which would be chargable to tax for the assessment year immeditely following the financial year.Advance tax shall be payable in every case were the amount of such tax payable under the provision of the act is Rs 5000 or more .
income limit for assessment year 2009-10
Annual financial statements are the financial statements dated as of the company's fiscal year-end and reports the results of the previous 12 months of activities. Interim financial statements are the financial statements prepared for those periods of time (monthly, quarterly, etc.) between the company's annual financial statements. Assume a company has a June 30th fiscal year-end. The company would issue annual financial statements dated 06/30/07, 06/30/08, etc. However, the company's 09/30, 12/31, and 03/31 quarterly financials would be termed interim financials.