Year, means a period commencing on 1st April and ending on 31st March next following. [Rajasthan Public Libraries Act, 2006, s. 2(t)]
Means a year commencing on 1st day of April. [Equity Linked Savings Scheme, 2005, s. 2(g)]
[fr. gear, Sax.], 365 days, twelve calendar months, fifty-two weeks and one day, or in Leap Year (q.v.) 366 days, i.e., fifty-two weeks and two days.
The first day of the year was legally altered for England from the 25th of March to 1st of January in and after 1752 by the Calendar (New Style) Act, 1750 (24 Geo. 2, c. 23) (Chitty's Statutes, tit. ' Time '), but as appears from the preamble to that statute, the 1st of January had been the first day of the year in Scotland, in other nations, and by ' common usage throughout the whole kingdom.' See CALENDAR generally, when a statute speaks of a year it must be considered as twelve calendar and not lunar months, Bishop of Peterborough v. Catesby, 1608 Cro Jac 166.
For the termination of the statutory year for certain financial and other administrative purposes, e.g., income tax, land tax, etc., see Chron. Tab. of Statutes, tit. ' Year.' The unemployment insurance year ends on the Sunday preceding the 27th Monday of the calendar year. [(English) Unemployment Insurance Act, 1935 (25 Geo. 5, c. 8), s. 113]
In relation to a dealer, means the year applicable in relation to him under the general sales tax law of the appropriate State, and where there is no such year applicable, the financial year. [Central Sales Tax Act, 1956 (74 of 1956), s. 2(k)]
Means a financial year. [Employees' State Insurance Corporation (General Provident Fund) Rules, 1995, s. 2(1)(j)]
Means the year commencing on the first day of April. [Cantonments Act, 1924 (2 of 1924), s. 2(xl)]
Means financial year. [Prasar Bharati Broadcasting Corporation of India Act, 1990 (25 of 1990), s. 2(x)]
The 'year' contemplated in the assessment year and not the accounting year or the previous year of the assessee, Madanlal Mathurdas v. Chunilal, Income-tax Officer, Ward 'C', AIR 1960 Guj 27 (29).
It means the financial year. [Maharashtra Value Added Tax Act, 2002, s. 2(35)]
Means the year commencing on the first day of April and ending on the last day of March. [West Bengal Value Added Tax Act, 2003, s. 2(58)]
Means:
(i) in relation to any dealer who maintains regular books of accounts, the year by reference to which the accounts are maintained by him; and
(ii) in relation to any other dealer, a financial year;
Provided that a registered dealer shall not be entitled to vary the year by reference to which he maintains his books of accounts, except with the consent of the commissioner and upon such conditions as the commissioner may determine. [The Gujarat Value Added Tax Act, 2003, s. 2(36)]
Year, must be considered as 12 calendar and not lunar months, Jagdish Ch Patnaik v. State of Kerala, (1998) 4 SCC 456.