Define the term ‘Financial Year' as per the provisions of the Limited Liability Partnership Act, 2008.

Financial Year: According to section 2 (1) (I) of the Limited Liability Partnership Act, 2008, “Financial year”, in relation to a Limited Liability Partnership (LLP), means the period from the 1 st day of April of a year to the 31 st day of March of the following year. However, in the case of a LLP incorporated after the 30 th day of September of a year, the financial year may end on the 31 st day of March of the year next following that year.