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NGO Portal is a comprehensive knowledgebase of NGO’s and Non-Profits from India and around the world. It contains a wealth of information regarding NGOs, NGO management, finalcial and legal aspects.ngo database, ngo funding agencies, ngo india, indian ngos, international ngos, ngo training institutes , financial management related ngos, legal aspects related ngos, fcra related ngo, income tax related ngo, registration related ngo, provident fund related ngo, grants management in ngo, hr related ngo, developement jobs in ngo, consultants in ngo, admin related ngo, vehicle management in ngo, travel related ngo, contracts in ngo, ngo news

Income Tax Related

Assessment Year

Assessment Year in simple terms is  the year  when the income of previous year is taxed.  Let us say that xyz's income in year 1st April 2008 to 31st March 2009 is assessed in the next year i.e. 1st April 2009 to 31st March 2010. 

To be more specific for Assessment Year 2009-10, the Previous Year would be 2008-09 (1.4.2008 to 31st March 2009) 

 


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