Question
A company earns ₹15 lakh net profit before tax. It
donates ₹1 lakh to PM CARES Fund and claims depreciation of ₹2 lakh. What is taxable income under Income Tax Act?Solution
Net Profit: ₹15 lakh Less Depreciation: ₹2 lakh Less Donation (100% deductible): ₹1 lakh Taxable Income = ₹12 lakh
What is the Common Equity Tier 1 (CET1) ratio limit set by RBI?
The Teesta treaty has become a bone of contention between India and
In which of the following empires of South India was the Kamalapuram tank built in the 15th century?
Which of the following statement is are INCORRECT about chatbot 'Bal Mitra' for children launched in February 2023?
1. The Delhi Commission for P...
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Which of the following celestial bodies has a natural satellite named ‘Charon’?
