Q. Mr. Joshi runs a chemist`s shop, accounting year of which is the financial year. On November -9,2017.He sets up a chemical factory. What is the previous year for the assessment year 2018-19 for the above two businesses___________________ (Solved)
1. 1-4-2017 to 31-3-2018 for both
2. 9-11-2017 to 31-3-2018 for both
3. 1-1-2017 to 31-12-2017 for both
4. Shop: 1-4-2017 to 31-3-2018 and factory 9-11-2017 to 31-3-2018
- d. Shop: 1-4-2017 to 31-3-2018 and factory 9-11-2017 to 31-3-2018