Residential status in Indian Income Tax Act is determined for which one of the following?

Correct option is A

According to the Income-tax Act, Previous year is a term used in the Indian taxation system to refer to the financial year for which a taxpayer's income is assessed for tax purposes. In India, the financial year runs from 1st April to 31st March of the following year. It is used to determine the residential status of the assesses.
 Assessment year – This term is used in the Indian taxation system to refer to the period during which a taxpayer's income is assessed for tax purposes. In India, the financial year runs from 1st April to 31st March of the following year.
 Accounting Year – Also known as a fiscal year is a period of twelve months used by a company or organization for accounting and financial reporting purposes. The accounting year can begin on any date, but it is often aligned with the calendar year or a specific business cycle.