Dr. Ashok commenced medical practice on 1 st September, 2015. The previous year for the profession for the assessment year 2016-17 would be— (A) 1 st April, 2015 to 31 st March, 2016 (B) 1 st September, 2015 to 31 st Mar

CS Executive · Tax Laws and Practice · PYQS · June 2016
Dr. Ashok commenced medical practice on 1 st September, 2015. The previous year for the profession for the assessment year 2016-17 would be— (A) 1 st April, 2015 to 31 st March, 2016 (B) 1 st September, 2015 to 31 st March, 2016 (C) 1 st June, 2015 to 31 st March, 2016 (D) 1 st September, 2015 to 31 st January, 2016.
(A) 1 st April, 2015 to 31 st March, 2016
(B) 1 st September, 2015 to 31 st March, 2016
(C) 1 st June, 2015 to 31 st March, 2016
(D) 1 st September, 2015 to 31 st January, 2016.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax

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