Under the Income-tax Act, 1961, which of the following outlays incurred by Sun Ltd. during the previous year ended 31st March, 2019 will not be admissible as deduction while computing its business income
A) Contribution to a political party in cash
B) Interest on loan taken for payment of income-tax
C) Capital exnditure on advertisement
D) All of the above
Correct Answer:
Verified
Q7: Availing tax holiday by a new industrial
Q8: Compliance with legal formalities and availing tax
Q9: Return of income must be furnished on
Q10: The total income of a domestic company
Q11: The total income of a non domestic
Q13: Any corporation by or under any Central,
Q14: Any company which has made the prescribed
Q15: A company which is neither an Indian
Q16: A company in which the public are
Q17: A person carrying not less than----- of
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