If a company spent Rs: 80,000 as preliminary expenses on 31st March, 2018, the allowable deduction is:
A) Rs: 8,000
B) Rs: 16,000
C) Rs: 20,000
D) Rs: 40,000
Correct Answer:
Verified
Q15: The annual value of a house property
Q16: The annual value of the vacant H.P.
Q17: An assessee paid Rs: 64,000 as interest
Q18: is the base of computation of income
Q19: Municipal tax paid by the owner during
Q20: Municipal tax paid by the owner during
Q21: The standard deduction u/s 24(a) shall be.................
Q22: The work of a doctor is covered
Q23: If a businessman spends certain amount for
Q25: While computing the income of a business,
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