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?

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:

Non-recurring receipts like additional capital, loan, etc. are ______.

Define Capital receipts.

What do you understand by Turnover?

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

Premium paid on issue of shares is a capital receipt.

Sale of securities by an investment company is a capital receipt.