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One addition is R3 is traditionally considered the spring deadline so generally most scholars will have R1 - Fall, R2 - Winter, R3 - Spring. Generally you want to get your application in one of the first two rounds especially as an international applicant from an overrepresented group


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--> Which is the other season than Fall for B-schools to be accepting admissions.
Some schools have spring/winter intakes. These schools are for the most part in Europe and Canada. Schools like HEC, INSEAD, IE Ivey, Schulich, Smith...

-->Which top B schools accept admission for the season other than Fall.?
See above

--> What are the deadlines for those.
Usually around March, but it varies

--> Does it make sense for an Indian student to apply for the third round for Fall Admissions. I have three years of experience. Have done an MBA before from one of the prestigious institutes of the country with GPA of 3.43/4.33; Have been working in an apparel company from three years, first in sales and now as product manager.

It makes no sense at all, and is in fact a bad idea. Most places have been filled. You likely won't have enough time to get your visa sorted. And you would have less chances than int he other rounds.

Hope this helps!!!!!