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More Commerce Questions
Deduction u/s 37(1) is allowed under tax laws for those expenditures which are:
Which of the following statement is correct? i. In the creation of index only representative times are selected ii. If the price of wheat increases by 50% and the price of salt decreases by 50%, the CPI will remain unchanged
The subsidiary voucher produced in the absence of primary voucher is called
Which of the following term/s is/are facilities of the industry is given by DFls?
Which of the following statements is/are true? 1. Tax-shield on depreciation and interest is an important variable both for the lessor and the lessee. 2. Lease transactions in India are governed by the Lease Act. 3. A lessee should evaluate the lease options against the buying option. 4. As per AS-19, financial lease is shown in the balance sheet of the lessee as an asset. Choose the correct answer from the options given below: