Under the General Clauses Act, a financial year begins on which date?
A1 July
B1 January
C1 April
D1 October
Answer & Solution
Correct answer: C. 1 April
Section 3 fixes the financial year as the year starting on the first day of April.
Keep practising Interpretation of Statutes
Browse all Interpretation of Statutes questions for CA Inter, or explore more Law topics.
Related questions
In the UK, the soft plain meaning rule is called the:Textualists emphasise:In interpreting statutes, the courts' function is to:A statute is presumed not to apply:Criminal statutes are presumed to require proof of:The rule of lenity resolves criminal-law ambiguity in favour of:In pari materia means provisions of the:The rule against surplusage prefers a reading that avoids: