Home
Class 12
ACCOUNTS
Payment of Income Tax is considered as...

Payment of Income Tax is considered as

A

1 - Direct Expenses

B

2 - Indirect Expenses

C

3 - Operating Expenses

D

4 - None of the above

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Topper's Solved these Questions

  • COMPANY ACCOUNTS - REDEMPTION OF DEBENTURES

    DK GOEL|Exercise Problem Solution|3 Videos
  • DISSOLUTION OF A PARTNERSHIP FIRM

    DK GOEL|Exercise MULTIPLE CHOICE QUESTIONS|69 Videos

Similar Questions

Explore conceptually related problems

Rate of income tax is increased by 19% . Net Income is decreased by 1% . Find the rate of income tax

Income of a person decreased by 3000 Rs. and rate of Income tax increased from 15% t o 18% . The ratio of paid tax is 3 : 2. 26.5% income is tax free. Find initial income.

DK GOEL-COMPARATIVE STATEMENTS-MULTIPLE CHOICE QUESTIONS
  1. Which analysis depicts the relationship between two figures :

    Text Solution

    |

  2. In which analysis total cost are equal to total rrevenue from Operatio...

    Text Solution

    |

  3. Fixed assests of a company increased from Rs 3,00,000 to Rs. 4,00,000 ...

    Text Solution

    |

  4. A company's current liabilities decreased from Rs. 4,00,000 to Rs. 3,0...

    Text Solution

    |

  5. A company's working capital is Rs 10 lakh (Negative balance) in the ye...

    Text Solution

    |

  6. A company's Revenue from Operations are Rs. 20,00,000 , Cost of Revenu...

    Text Solution

    |

  7. Revenue From Operations Rs. 4,00,000 , Cost of Revenue from Operations...

    Text Solution

    |

  8. Revenue From Operations Rs. 8,00,000 , Gross Profit 32% , Indirect Exp...

    Text Solution

    |

  9. Revenue from Operations Rs. 4,00,000 , Cost of Revenue from Operations...

    Text Solution

    |

  10. Payment of Income Tax is considered as

    Text Solution

    |

  11. Interest on Loans is

    Text Solution

    |

  12. Revenue from Operations less cost of Revenue froom Operations is calle...

    Text Solution

    |

  13. Which objective is not fulfilled by comparative Statement of Profit & ...

    Text Solution

    |

  14. In Comparative statements change in different items is presented in th...

    Text Solution

    |

  15. Which of the following is not a from of persenting financial analysis...

    Text Solution

    |

  16. Which objective is not fulfilled by comparative financial statement :

    Text Solution

    |

  17. No profit no loss' point is called:

    Text Solution

    |

  18. Net profit is obtained by deducting ………………. From Gross Profit.

    Text Solution

    |

  19. Amount left after deducting gross profit from Revenue from Operations ...

    Text Solution

    |

  20. What is gross profit+ materials consumed ?

    Text Solution

    |