A receipt in substitution of an income is revenue receipt.

MCQ

चूक किंवा बरोबर

This statement is True.

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Distinction Between Capital and Revenue Receipts

या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?

Distinguish between capital receipt and revenue receipt.

Write any two differences between capital and revenue Receipts.

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

Rent received and commission received are examples of ______.

Define Capital receipts.

What are revenue receipts?

Give three examples of 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.

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