A receipt in substitution of an income is revenue receipt.

MCQ

सत्य या असत्य

This statement is True.

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Distinction Between Capital and Revenue Receipts

क्या इस प्रश्न या उत्तर में कोई त्रुटि है?

Distinguish between capital receipt and revenue receipt.

Write any two differences between capital and revenue Receipts.

Premium received on issue of shares is a ______.

Fees and commission received for services rendered, interest and dividend received an investment are examples of ______.

Capital receipts are usually obtained in case of a company from:

A receipt is a capital receipt:

What are revenue receipts?

Amount received on sale of stock-in-trade is a ______ receipt.

Amount obtained from a customer previously written off as bad debt is a ______ receipt.

A receipt is a capital receipt because ______.