Taxation

~~with focus on tax education~~

Tax Year - Normal, Special and Transitional

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Normal Tax Year

A period of 12 months ending on 30th June
1-07-2011---to---30-06-2012

Special Tax Year

A period of 12 months ending on any date other than 30th June
1-10-2012---to---30-09-2013

Transitional Tax Year

Whenever there is a change in tax year the period in between the normal tax year and special tax year is treat as transitional tax year.

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posted @ 10:06 AM,

11 Comments:

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