MCQOPTIONS
Saved Bookmarks
| 1. |
Which of the following is not allowed as a deduction for computation of business Income? |
| A. | Loss incurred due to theft in factory after working hours |
| B. | Anticipated future losses |
| C. | Loss caused by white ants |
| D. | Loss due to accidental fire in stock-in-trade |
| Answer» C. Loss caused by white ants | |