Interest on capital paid by the firm to its partners is allowed up to ...................
A) 6%
B) 12%
C) 15%
D) 16%
Correct Answer:
Verified
Q10: Pension is taxable under ..........................head.
A)salary
B)house property
C)capital gains
D)other
Q11: . Salary received by a partner from
Q12: Family pension received by the widow of
Q13: Salary paid by an employer out of
Q14: Salary received by a Member of Parliament
Q16: Under Income Tax Act depreciation is allowed
Q17: The rate of depreciation on intangible asset
Q18: Residential status of an assessee is ascertained
Q19: Residential status of taxable entities is..........................
A)fixed in
Q20: As per the first basic condition to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents