Sale of securities by an investment company is 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 ______.

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

Rent received and commission received are examples of ______.

Give three examples of Revenue receipts.

What do you understand by Turnover?

Distinguish between Capital Receipts and 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.

Any lump sum receipt is always a capital receipt.