Income Tax MCQ QUIZ Set – 10 (Profits and Gains from Business or Profession)

MCQ on Profits and Gains from Business or Profession MCQ on Taxation 1. Business has been defined….. A) u/s 2(13) B) u/s 13(2) C) u/s 10(2) D) None of the above … Answer is A) u/s 2(13) Show Answer     2. Chartered accountant is a……. A) Profession B) Vocation C) Business D) None of the … Read more

Income Tax MCQ QUIZ Set – 9 (Profits and Gains from Business or Profession)

MCQ on Profits and Gains from Business or Profession MCQ on Taxation 1. Business has been defined under section…. A) 2(14) B) 2(13) C) 2(10) D) None of the above … Answer is B) 2(13) Show Answer     2. Expenditure on scientific research – Under section…..? A) sec 35 B) sec 34 C) sec … Read more