Out of the following which is a revenue receipt _______________-
A) Premium received on issue of new shares.
B) Annuity received from former employer
C) Interest from investments
D) New Shares
Correct Answer:
Verified
Q1: Income tax Act extends to _
A)Whole of
Q3: Body of individual should consist of _
A)Individual
Q4: A new business was set up on
Q5: Shivaji University is assessable under the Income
Q6: In which year is the income tax
Q7: Income earned during what period is taxed_
A)Assessment
Q8: Whose income is chargeable to Income tax
Q9: One who is liable to pay the
Q10: Assessment year is the period of twelve
Q11: Previous year means the _
A)Financial year immediately
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