Under valuation of opening stock is....................
A) deducted from net profit.
B) added to net profit.
C) credited to p & l a/c
D) none of these.
Correct Answer:
Verified
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
Q7: Preliminary expenses shall be allowed as deduction
Q8: Bad debts allowed earlier and recovered latter
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
Q13: If a depreciable asset is acquired and
Q14: The Total income of an individual is
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