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Due date of furnishing return of income in case of a company is
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What will be the amount of statutory deduction on income from salary of a person whose salary income exceeds Rs. 3,00,000 for the assessment year 2006-07?
The question contains two statement. One is Assertion (A) and the other is Reason (R) . You have to examine both the statements carefully and decide whether the Assertion (A) and Reason (R) are separately true? and If so, then Reason is the correct explanation of the Assertion . Mark these items in the balance sheet. Assertion (A) Balance sheet does not reveal ownership of business. Reason (R) Assets are just unrefined cost.
Which one of the following is a false description?