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

MCQ

सत्य या असत्य

This statement is False.

shaalaa.com

Distinction Between Capital and Revenue Receipts

क्या इस प्रश्न या उत्तर में कोई त्रुटि है?

Money received by sale of machine is a ______.

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

A receipt is a capital receipt:

Rent received and commission received are examples of ______.

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

Give three examples of Revenue receipts.

What do you understand by Turnover?

A receipt in substitution of an income is revenue receipt.

Any lump sum receipt is always a capital receipt.

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