Question

Which of the following is not an example of Revenue Receipts:

1. Amount received by way of loans
2. Cost of overhauling second-hand machines
3. Fees and commission received for services rendered
4. Rent received from tenant

विकल्प

• I & II

• II & III

• III & IV

• I & IV

Answer 1

I & II

Explanation:

Amount received as loans is a capital receipt (not revenue), and the cost of overhauling a second‑hand machine is capital expenditure (not a receipt). Fees/commission and rent are revenue receipts.