As per section 30, which expenditure incurred for a building used for the business or profession shall not be allowed as deduction?

Related MCQs

• As per section 30, which expenditure incurred for a building used for the business or profession shall not be allowed as deduction?
• DS acquired a building for Rs. ` 15 lakh in June, 2016 in addition to cost of land beneath the building of ` 3 lakh. It was used for personal purposes until he commenced business in June, 2018 and since then it was used for business purposes. The amount of depreciation eligible in his case for the assessment year 2019-20 would be -
• DS acquired a building for Rs. ` 15 lakh in June, 2016 in addition to cost of land beneath the building of ` 3 lakh. It was used for personal purposes until he commenced business in June, 2018 and since then it was used for business purposes. The amount of depreciation eligible in his case for the assessment year 2019-20 would be -
• A new business was set up on15-11-2008 and it commenced its business from 1-12-2008. The first previous year in this case shall be:
• A new business was set up on15-11-2008 and it commenced its business from 1-12-2008. The first previous year in this case shall be:
• For an employee in receipt of hostel expenditure allowance for his three children, the maximum annual allowance exempt under section 10(14) is
• For an employee in receipt of hostel expenditure allowance for his three children, the maximum annual allowance exempt under section 10(14) is ....
• Capital recovery costs are incurred by purchasing assets to be used in production and service.
• Capital recovery costs are incurred by purchasing assets to be used in production and service.
• _______________ are incurred by purchasing assets to be used in production and service.