about financial year

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jyoti suresh potle

jyoti suresh potle (Querist)
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14 July 2012 why financial year start from april to march ??????

CA. Sunil Kumar

CA. Sunil Kumar (Expert)
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14 July 2012 The current income tax act was enacted in 1961, and it came into effect from April 1, 1962. And therefore, our financial year begins on April 1

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