Question
The term ‘ Previous year’ is defined under which
section of Income Tax Act?Solution
The term "Previous year" is defined under Section 3 of the Income Tax Act. This section provides definitions for various terms used in the Income Tax Act, and "Previous year" refers to the financial year immediately preceding the assessment year.
Which of the following is not an investment expenditure in goods and services?
Which goods are described by the law of diminishing marginal utility?Â
Market of government securities is also known as
Who is considered the father of modern economics.
Which is not correct about New Development Bank (NDB)?
What function do commercial banks in India perform?
In which year were Economic Reforms launched in India?
Who has been appointed as the new Vice Chief of the Indian Air Force?
Consider the following statements about Cess:
I) Cess is not a permanent source of revenue for the government.
II) Cess can be imposed on ...
Who is WTO's current Director-General?
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