Answer Posted / hafez ahammed sumon

Income Year: The year or 12 months period (based and may varies on country's tax law or Act) in which tax is levied(imposition of tax) on income earned in the financial year.

Financial Year: Generally it is the year of 12 months period and start from January to December but it can start from any month.Ex: in Bangladesh 1st July to 30 June.

FBT (Fringe Benefit Cost): It is the year of 12 months in which FBT is calculated and deposited.  

What do you understand by transfer income?

1086

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how we issue the road permit to seller for receiving the rearing material

2414

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Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.

1947

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i wanna p.y tax assistant exam question paper Please send this as earlier as.

2164

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