πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Corporation tax in India is levied on the

      _______.
      A Net incomes of companies Correct Answer Incorrect Answer
      B Corporate properties Correct Answer Incorrect Answer
      C Utilities provided by the corporation Correct Answer Incorrect Answer
      D Individual properties Correct Answer Incorrect Answer

      Solution

      Corporation tax is imposed on the net income or profits earned by companies and corporate entities. This tax is crucial for the government's revenue and is based on the income generated through business operations.

      Practice Next

      Relevant for Exams:

      ask-question