Calendar year starts on January 1 and ends on December 31 but aFinancial year (FY)is from April 1 to March 31. As per the Income Tax Act, income earned in a financial year (FY) is taxed in the next Financial Year. FY to which the income belongs is called thePrevious year (PY)and...
( except black lung benefit trust or private foundation) OMB No 1545-0047 2011 Department of the Treasury Internal Revenue Service 1-The organization may have to use a copy of this return to satisfy state reporting requirements A For the 2011 calendar year, or tax year beginning 05-01-2011 ...