McqMate
| Q. |
If a company spent Rs: 80,000 as preliminary expenses on 31st March, 2018, the allowable deduction is: |
| A. | Rs: 8,000 |
| B. | Rs: 16,000 |
| C. | Rs: 20,000 |
| D. | Rs: 40,000 |
| Answer» B. Rs: 16,000 | |
View all MCQs in
Income Tax Law and PracticeNo comments yet