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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Choose the Correct Answer. The year in which income is earned is known as ______ - Commerce

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Question

Choose the Correct Answer.

The year in which income is earned is known as ______

Options

  • Assessment Year

  • Previous Year

  • Light Year

  • Calendar Year

MCQ
Fill in the Blanks

Solution

The year in which income is earned is known as the Previous Year.

shaalaa.com
Income Tax
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Chapter 32: Direct Taxes - Exercises [Page 319]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 32 Direct Taxes
Exercises | Q I. 3. | Page 319
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