7K followers • CA Inter (Group 1)
Jul 24, 2021 • 1h • 1.5K views
We have a calendar year, a financial year and now Income Tax Act talks about a Previous Year and Assessment year. Have you ever wondered why does the Financial year start from 1st April and not 1st Jan. Why July and August both have 31 days and all other months have alternate 30 & 31 days. Let's find out this and a lot more.