Noun. 1. orthoclase-a white or colored monoclinic feldspar. feldspar, felspar-any of a group of hard crystalline minerals that consist of aluminum silicates of potassium or sodium or calcium or barium.rÂ·thoÂ·clase. A type of feldspar consisting of potassium aluminum silicate. Orthoclase is typically white, pink, yellow, or brown, but it can also be colorless. It is especially common in igneous rocks.
Year of Assessment. 'Year of Assessment' (YA) refers to the year in which income tax is calculated and charged. The assessment is for the income earned in the preceding year, starting on 1 Jan and ending on 31 Dec. Example: For YA 2017, the assessment is for income earned from Jan to Dec 2016. Back to top.
What is Assessment year and financial year? Financial year starts from 1st April and ends on 31st March (wherein there is income pertaining to the whole year or part of the year). Assessment year is the year immediately following the financial year wherein the income of the F.Y. is assessed.