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Difference between assessment year and previous …

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Difference between assessment year and previous year

    • Posted by M Aravind 3 years, 5 months ago

    CBSE > Class 11 > Other Subjects
    • 1 answers

    Sia ? 3 years, 5 months ago

    Previous Year is the financial year, in which the assessee earns income. Assessment Year is the financial year, in which the income of the assessee earned during the previous year is evaluated and taxed.

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