What does immediately preceding year mean?
What does immediately preceding year mean?
Related Definitions Immediately preceding means within the previous 90 days.
What is a preceding financial year?
And the assessment year for this previous/financial year will be 2021-22, i.e, will be from 1st April, 2021 to 31st March 2022. Similary if the year 2020-21 was the assessment year, then the year 2019-20 would have been the previous / financial Year.
What does the preceding 12 months mean?
Related Definitions preceding twelve months means the twelve months immediately preceding the date the allegedly proscribed act took place.
What is the preceding year of 2021?
Some examples of Assessment Year and Financial Year or Previous Year
| Period | Financial Year | Assessment Year |
|---|---|---|
| 1 April 2018 to 31st March 2019 | 2018-19 | 2019-20 |
| 1 April 2019 to 31st March 2020 | 2019-20 | 2020-21 |
| 1 April 2020 to 31st March 2021 | 2020-21 | 2021-22 |
What is the difference between last year and preceding year?
Preceding FY is last FY. Previous year is year before AY in income tax. PY is always dependent on the AY, you cannot know PY unless you know AY. But preceding FY is year before current ongoing FY.
Does preceding mean next?
Preceding means next before. Preceding . , “Following” means next before and next after, respectively.
Does preceding mean before or after?
preceding, antecedent, foregoing, previous, prior, former, anterior mean being before. preceding usually implies being immediately before in time or in place.
What is the preceding month?
adj prenominal going or coming before; former. See also: proceeding, precedent, precede, precedency.
What is the preceding month of July?
The seventh month of the Gregorian calendar, following June and preceding August.
Does preceding mean after?
Is preceding before or after?
Some common synonyms of preceding are antecedent, anterior, foregoing, former, previous, and prior. While all these words mean “being before,” preceding usually implies being immediately before in time or in place.
What do you mean by preceding?
being before
preceding, antecedent, foregoing, previous, prior, former, anterior mean being before. preceding usually implies being immediately before in time or in place. the preceding sentence antecedent applies to order in time and may suggest a causal relation.
What is the preceding calendar year?
preceding calendar year means the calendar year immediately preceding the calendar year in which an applicant makes an application under subsection (2) for a certificate; Sample 1. preceding calendar year . (
