03-18-2005, 09:26 PM
Hi Masood,
sub section 2 denotes the special "income year's" tax year qouted "be denoted by the calendar year relevant to normal tax year in which the closing date of the special tax year falls."
so i think for 30-09-2004 income year the tax year should be the 2005. as my understanding of the provision .
kindly correct me if i m wrong.
regrds
zahid
sub section 2 denotes the special "income year's" tax year qouted "be denoted by the calendar year relevant to normal tax year in which the closing date of the special tax year falls."
so i think for 30-09-2004 income year the tax year should be the 2005. as my understanding of the provision .
kindly correct me if i m wrong.
regrds
zahid
