The General Clauses Act, 1897 Question 1.What is “Financial Year” under the General Clauses Act, 1897?Answer:Financial Year: As per Sec. 3(21) of the General Clauses Act, 1897, ‘Financial Year’ shall mean the year commencing on the first day of April. The term year has been defined u/s 3 (66) as a year reckoned according to […]
