Question
Section ______ of the Income Tax Act, 1961, defines the
term ‘Assessment Year’.Solution
As per Section 2(9) of the Income Tax Act, 1961, unless the context otherwise requires, the term ‘assessment year’ means the period of twelve months commencing on the 1st day of April every year. Basically the Assessment year is considered to be a 12 months period starting from April 1, during which an assessee is required to file the return of income (ITR) for the previous year and the ITO has to initiate assessment proceedings for such returned income and tax thereon. Since Income Tax is on income of a financial/ previous year or period, so tax filings and assessment can start thereafter
Which are the input devices that enable direct data entry into a computer system from source documents?
________Function key refreshes the current window.
Which type of printer uses heat to transfer ink onto paper?
Which of the following is not an input device ?
In a computer system, _________ is a group of servers and other resources that act like a single system and enable high availability
The portion of the operating system that resides in memory is known as:
Which of the following storage media provides sequential access only ?
A key-board has at least:
The bubbles in a bubble memory pack are created with the help of
The key F12 opens a ___________________