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Of course, it is Englishmen born system, still it is working after independence of 62 years. While it should be after rainy season on 30 Sept. In India, total economy is depending on rain, that define only how will be economic position of India, from 1st October to next 30September.
Not Indian accounting system, but also most of laws are continuing working of British rule, which is only meant for slaves, such as sec 198(2) of IPC1860.
We were looking after 31March yearly finacial closing which is a time to look after, how Govt. officials made corruption, at last what is remaining in thier hands
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