Assessment year definition

Assessment year means the period of twelve months commencing on the 1st day of April every year;
Assessment year means the year in which the state essential services assessment levied under section 5 is due.
Assessment year means the year in which the prop- erty is listed and valued by the assessor and precedes the year in which the taxes on the property are due and payable.

Examples of Assessment year in a sentence

  • Income Tax Return of current Assessment Year or, IT Return of immediate preceding Assessment year under IT Act & Rules, whichever latest available with the bidder.

  • Pan Card, Income Tax Acknowledgement Receipt for the latest Assessment year, P.T. Deposit Challan for the year 2016-2017, VAT Registration Certificate are to be submitted as non-statutory documents.


More Definitions of Assessment year

Assessment year means the period beginning from the first day of April and ending on the thirty first day of March of the following year or part thereof;
Assessment year means a 12-month period, beginning July 1 and ending the following June 30, for which the assessment rate being determined, is to apply.
Assessment year means any complete calendar year except that the first assessment year for the purposes of this permit shall run from 1 October 2006 until 31st December 2007
Assessment year means the 12 month period beginning October 1st each year.
Assessment year means the calendar year when the property is listed and valued by the assessor and precedes the calendar year when the tax is due and payable.
Assessment year means such one year period as shall be specified by the Board in its discretion.
Assessment year means the year prior to the taxation year;