Preliminary expenses shall be allowed as deduction in...............
A) 5 instalments.
B) 10 instalments.
C) 15 instalments
D) 12 instalments.
Correct Answer:
Verified
Q2: Excise duty and sales tax are allowed
Q3: Technical know-how acquired after 1.4.98 is eligible
Q4: Which of the following is exempted.
A)c.c.a
B)d.a
C)foreign allowance
D)medical
Q5: Free food provided to employees is exempted
Q6: The income from the sale of house
Q8: Bad debts allowed earlier and recovered latter
Q9: Under valuation of opening stock is....................
A)deducted from
Q10: Under section 44AB the audit of accounts
Q11: Gifts from clients are...................
A)professional income.
B)income from other
Q12: Repairs incurred before installation of an assets
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