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

MCQ

चूक किंवा बरोबर

This statement is False.

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Distinction Between Capital and Revenue Receipts

या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?

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 ______.

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

Give two examples of Capital receipts.

Distinguish between Capital Receipts and Revenue Receipts.

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

Premium paid on issue of shares is a capital receipt.

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.