alleryStart learning →Deductions for hired-out machinery in other sources follow which sections?
ASections 45, 48 and 50
BSections 30, 31, 32, 38
CSections 22, 23 and 24
DSections 80C and 80D
Answer & Solution
Correct answer: B. Sections 30, 31, 32, 38
Section 57(ii) imports repairs, insurance and depreciation rules of sections 30, 31, 32 and 38 for clause (ii) and (iii) income of section 56(2).
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