INCOME YEAR IS THE YEAR IN WHICH INCOME TAX IS LEVIED ON THE
INCOME EARNED IN FINANCIAL YEAR( i.e ASSESSMENT YEAR) ,
WHILE FINANCIAL YEAR IS THE YEAR IN WHICH INCOME IS
EARNED.FBT YEAR IS THE YEAR IN WHICH FBT IS CALCULATED &
DEPOSITED

Income year is the year in which income was earned,
Financial year is a period of 12 months or less for which
accounts were prepared and financial reporting was done
ex:Apr 1 to Mar 31. FBT year is a period of 12 months or
less for which FBT was calculated.

Income Year starts from January to December of every year. 
but the financial year is starts from april and ending on 
march month of next year. then the FBT year is nothing but, 
when you are paying your income tax, your auditor will 
calculate FBT payable from January to October or the second 
chance to pay the income taxes on December of every year.

income year is starts from januvary to december and 
financial year is starts from april to march

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

income year means the income which is earned in ayear is 
called as income year

financial year generally strts from apri-1 &closes by march-
31st

fbt year means the benefit which was received in particular 
year is called fbt year