STUDENT & GST PRACTICENER
39 Points
Joined December 2011
I agree with the answer of Mr. Naresh .
In this case period will be First 1st April to 31st Dec and another 1st Jan to 31st March of next year. Income tax chargeable on the basis of F/Y and F.Y year always follow Previous Year ,which will be always start from 1st April every year except initial stages.