

MCQOPTIONS
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1. |
Previous year means the _____________ |
A. | Financial year immediately after the assessment year |
B. | The period of twelve months commencing on the first day of April every year |
C. | Financial year immediately preceding the assessment year. |
D. | Calendar year immediately preceding the assessment year |
Answer» B. The period of twelve months commencing on the first day of April every year | |