An assessee incurred a sum of Rs.1,10,000 for alteration of the memora – McqOptions

MCQOPTIONS

1.	An assessee incurred a sum of Rs.1,10,000 for alteration of the memorandum andarticles of association. Such expenditure shall be considered as:
A.	Revenue expenditure
B.	Deferred revenue expenditure
C.	Capital expenditure
D.	Non-deductible expenditure
Answer» B. Deferred revenue expenditure

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