What is the standard financial year of an LLP in India?
A1 July to 30 June
B1 October to 30 September
C1 January to 31 December
D1 April to 31 March
Answer & Solution
Correct answer: D. 1 April to 31 March
The Act defines the financial year as 1 April of a year to 31 March of the following year.
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