Difference Between Assessment Year (AY) and Financial Year (FY)
Financial Year (FY) and Assessment Year (AY) are commonly used terms in Income Tax, yet many taxpayers mix them up. The AY always follows the FY and is the period…
Financial Year (FY) and Assessment Year (AY) are commonly used terms in Income Tax, yet many taxpayers mix them up. The AY always follows the FY and is the period…