Any lump sum receipt is always a capital receipt.

MCQ

सत्य या असत्य

This statement is False.

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Distinction Between Capital and Revenue Receipts

क्या इस प्रश्न या उत्तर में कोई त्रुटि है?

Money received by sale of machine is a ______.

Premium received on issue of shares is a ______.

A receipt is a capital receipt:

Rent received and commission received are examples of ______.

______ involves creation of liability and is shown on the liabilities side of the balance sheet.

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

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

A receipt is a capital receipt because ______.

Compensation received for the surrender of a right is a revenue receipt.

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