Question
According to the provisions of the MSMED Act, how is the
treatment of the amount of interest payable or paid by any buyer for the purposes of computation of income under the Income-tax Act, 1961?Solution
Section 23. Interest not to be allowed as deduction from income: Notwithstanding anything contained in the Income-tax Act, 1961, the amount of interest payable or paid by any buyer, under or in accordance with the provisions of this Act, shall not, for the purposes of computation of income under the Income-tax Act, 1961, be allowed as deduction.
What chemical process results in the breakdown of silicate minerals by water, leading to the formation of clay minerals and soluble substances?
Which of the following element/substance leads to deflocculation of soil particles?
Toxicity of which element leads to the unavailability of iron and zinc
The water that is held mostly by soil colloids and it is mostly non-liquid or moves in vapour form, the soil water is termed as
……………………………is a key factor for successful crop production and it is a measure of capacity of soil to supply plant nutrients.
...Which horizon of the soil profile is the zone where dominant features include the accumulation of clay, iron, aluminum, or humus, alone or in combination?
Which soil forming process involves the deposition of materials removed from eluvial horizons into lower horizons, leading to the creation of illuvial h...
A farmer wants to optimize soil organic matter and minimize nitrogen loss. Which practice would be most effective in achieving this balance?
Rock Phosphate is applied in which type of soil?
Why do sandy soils generally have higher bulk densities compared to clayey soils?
