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Master of Commerce (M.com)
Income Tax Law and Practice
Q. If a company spent Rs: 80,000 as preliminary expenses on 31st March, 2018, the allowablededuction is: (Solved)
1. Rs: 8,000
2. Rs: 16,000
3. Rs: 20,000
4. Rs: 40,000
b. Rs: 16,000
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