Q448
A new business which maintains accounts on Diwali to Diwali basis for the assessment year 2013-14, the previous years of the said business will be:
A.
Diwali, 2013 to 31st March 2013
B.
Diwali, 2012 to 31st March 2013
AnswerC.
Diwali, 2011 to 31st March 2013
D.
1st April 2012 to 31st March 2013
E.
1st May 2012 to 31st March 2013
Answer: Option B
Solution
Answer: Option B
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