Vidyalelo
Commerce · Q713

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 713

Q713

Deduction u/s 37(1) is allowed under tax laws for those expenditures which are:

A.
revenue
Answer
B.
capital
C.
both revenue and capital
D.
deferred revenue expenses

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board
PreviousNext
All Income Tax and Corporate Tax questions