FY vs AY 2025-26: Differences Between Financial Year and Assessment Year Explained
Have you ever felt confused while filing tax returns about Financial Year and Assessment Year? Whether you’re submitting investment proofs at work or filing business taxes, these terms appear everywhere. Many taxpayers struggle to understand the difference between Financial Year (वित्तीय वर्ष) and Assessment Year (निर्धारण वर्ष). This guide breaks down both concepts in simple…