<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>What is the period for which a person’s income is taken into account for the purpose of Income-tax?</title>
    <link>https://www.taxtmi.com/manuals?id=3912</link>
    <description>Income-tax is imposed on annual income for the fiscal year running from 1 April to 31 March. The previous year is the period in which income is earned, and the assessment year is the following year in which that income is charged to tax; income of a given previous year is aggregated and assessed in the next assessment year.</description>
    <language>en-us</language>
    <pubDate>Thu, 21 Dec 2023 13:24:00 +0530</pubDate>
    <lastBuildDate>Sat, 30 Aug 2025 12:41:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=736144" rel="self" type="application/rss+xml"/>
    <item>
      <title>What is the period for which a person’s income is taken into account for the purpose of Income-tax?</title>
      <link>https://www.taxtmi.com/manuals?id=3912</link>
      <description>Income-tax is imposed on annual income for the fiscal year running from 1 April to 31 March. The previous year is the period in which income is earned, and the assessment year is the following year in which that income is charged to tax; income of a given previous year is aggregated and assessed in the next assessment year.</description>
      <category>Manuals</category>
      <law>Income Tax</law>
      <pubDate>Thu, 21 Dec 2023 13:24:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/manuals?id=3912</guid>
    </item>
  </channel>
</rss>