What is the Difference between Previous Year and Preceding
Previous Year?

Answer Posted / sarata kumar swain

the difference between previous year & preceding year is
more than 1 year depends on the difference of date between
2 years difference may not be less than 1 year must be more
or equal of 1 year not exceed 3 year so finally it may be
more than 1 year or less than 3 year

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