Question

what is financial year​

Answer 1

Answer:

A year as reckoned for taxing or accounting purposes ,for example the British tax year, reckoned from 6 April .This is the meaning of financial year .

Explanation:

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Answer 2



Explanation:

• A Financial Year or Fiscal Year refers to a one year period where the financial statements of the government of India or a company prepare starting from 1st April to 31st March.
• During this period, the income tax returns are filed back to the government and are usually paid the next year after the Financial Year has come to an end.

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