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Answer Posted / kiran pandit
Accounting period is the period of 12 months starting from
1st april every year & ends on 31st march of next
year.However for newly started business the accounting
period starts from the date on which the busines starts &
ends on 31st march & thereafter a normal period of 12
months.
| Is This Answer Correct ? | 39 Yes | 4 No |
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