Q97
Which of the following expense/loss is not admissible as deduction while computing income from business and profession?
A.
Stock-in-trade lost in fire Rs. 20,000
B.
Entertainment expenses Rs. 10,000
C.
Commission Rs. 2,000 paid in order to receive business
D.
Gift on the marriage of an employee
AnswerAnswer: Option D
Solution
Answer: Option D
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