

MCQOPTIONS
Saved Bookmarks
1. |
Under the Income-tax Act, 1961, which of the following outlays incurred by Sun Ltd. during theprevious year ended 31st March, 2019 will not be admissible as deduction while computing its business income |
A. | Contribution to a political party in cash |
B. | Interest on loan taken for payment of income-tax |
C. | Capital exnditure on advertisement |
D. | All of the above |
Answer» E. | |