Q. Under the Income-tax Act, 1961, which of the following outlays incurred by Sun Ltd. during theprevious year ended 31st March, 2019 will not be admissible as deduction while computing its business income (Solved)
1. Contribution to a political party in cash
2. Interest on loan taken for payment of income-tax
3. Capital exnditure on advertisement
4. All of the above
- d. All of the above