While computing the profit of a firm, interest allowed on partners’ capital is allowed:

Related MCQs

• While computing the income of a business, which among the following is allowed:
• An assessee paid Rs: 64,000 as interest on a loan taken in the P.Y 2018-19 for the renovation of self-occupied house. While computing income from H.P, he is eligible for deduction to the extent of:
• While computing the total income, an individual assessee with disability is entitled to a deduction of:
• An individual assessee with severe disability is entitled to a deduction of ................. while computing his total income.
• Under which section, a firm is eligible for exemption in respect of long term capital gain arising from the sale of a residential house:
• Which among the following is a deduction allowed under section 16 :
• Standard deduction allowed from salary for A. Y 2019-20 is:
• Standard deduction allowed on annual value of let out house property is:
• The deduction allowed in respect of payment made to an approved university for social research is:
• Depreciation is not allowed on: