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What is the difference between income year, financial year
and FBT year?

Answer Posted / maruthy

income year is the year in which income was earned as per
income tax act.
financial year is the year of 12 months comeing from 1st
april to 31st march.
FBT (fringe benefit tax) year is the year of 12 months

Is This Answer Correct ?    18 Yes 3 No



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