CA Final Profits and Gains of Business or Profession — practice questions
25 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CA Final Profits and Gains of Business or Profession in the app →Section 28 charging PGBP does NOT include:Depreciation under Section 32 is allowed:Additional depreciation under Section 32(1)(iia) is:Section 35(2AB) weighted deduction for in-house R&D currently is:Section 43B disallowance applies if which is not paid by return due date?Tax audit threshold under Section 44AB (general):Section 44AD presumptive applies to:Section 44ADA presumes income at:Section 40(a)(ia) disallowance for non-TDS on resident payments is:Cash payment limit under Section 40A(3) is:Bad debts under Section 36(1)(vii) require:Interest on partner capital allowable under Section 40(b) up to:Remuneration to working partner under Section 40(b) restricted by:Speculative business loss can be set off only against:Section 50C special provision applies to transfer of:MAT under Section 115JB is computed at:Section 35AD applies to:Section 32AD investment allowance was for new plant in backward areas of:Section 30 covers expenses related to:Section 36(1)(viia) provision for bad debts is for:Section 37(1) general deduction allows expenditure that is:Section 36(1)(iva) deduction is for:'Block of assets' under Section 2(11) is:Section 145 method of accounting for PGBP is:Non-speculative business loss in current year can be set off against: