Question
ABC Ltd. earned ₹50 lakh before tax. It made donations eligible under Section 80G of ₹5 lakh and depreciation as per IT Act ₹7 lakh. What is the taxable income before MAT?
More Accounts Questions
- According to the MSME policy, the startup status of a company ceases if its turnover exceeds ____ or it has completed ____ years from incorporation.
- Theory X and Theory Y was given by:
- What is the primary nature of GSTR-3B?
- A firm reports: • Net sales: ₹500 lakh • Gross profit: ₹125 lakh • Operating expenses: ₹50 lakh • Interest: ₹15 lakh • Tax: ₹20 lakh • Total assets: ...
- The accounting for 'Consolidated Financial Statements' is dealt with under:
- Mr. Arjun earns ₹12 lakh as salary and has invested ₹1.5 lakh in PPF. He also pays ₹30,000 as health insurance premium for himself and ₹50,000 for his seni...
- Factoring is best described as:
- According to RBI's KYC Directions, if KYC/AML standards differ between RBI and a host country regulator for foreign branches of Indian banks, which standar...
- While calculating the claim outstanding at the end, which claims are considered?
- Depreciation is applicable to:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)