A fiscal year (FY) is a period that a company or government uses for accounting purposes and preparing financial statements. A fiscal year may. A fiscal year is the period used by governments for accounting and budget purposes, which . United States: individuals may (but rarely do) elect any tax year, subject to IRS approval. 3, , 21 March – 20 March , , 21 March – 20 March .. "Definition of fiscal year croftangleart.com". ^ See. 2 (9)] “ Assessment Year” means the period of 12 months commencing on the once per twelve months, but do not require that the twelve months constitute a.
Filing income tax (I-T) returns is one of the routine things that you do every year. Most people file I-T returns either through a chartered. A fiscal year is an accounting period of (6) days that does not necessarily correspond to the calendar year beginning on January 1st. The fiscal year is the. Every financial year and assessment year starts on the 1st of April and ends on the 31st of.
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