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Commerce · Q6

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 6

Q6

The revenue expenditure on research incurred by the assesses himself is allowed for deduction only if

A.
Research is related to business only
Answer
B.
Research is related to personal purpose
C.
Research is related the HUI
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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