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Commerce Income Tax And Corporate Tax Difficulty: Medium

Which assesses are allowed deduction under Section 80C?

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If marketing is done through information and ordering machine placed in stores, it is known as: A flexible budget requires careful study and classification of expenses into Statement I Capital expenditure benefits the current accounting period. Statement II Capital expenditure will also benefit the next accounting period. Ram and Shyam are partners in a firm with capital of Rs. 4,50,000 and Rs. 3,10,000 respectively. They admitted Ganesh as a partner with $${\frac{1}{4}^{{\text{th}}}}$$ share of profit. Ganesh brings Rs. 3,00,000 as his capital. Ganesh's share of goodwill will be Minutes of the meeting of the members of the company are to be confirmed by: