Expenditure incurred by an hotelier on replacement of l - Practice (English) | ObjectiveMcq

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Expenditure incurred by an hotelier on replacement of l - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementTax Planning And ManagementExpenditure incurred by an hotelier...

Tax Planning And Management Business ManagementEasy

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Expenditure incurred by an hotelier on replacement of linen and carpets in his hotel. Such expenditure shall be considered as

Correct Answer:

(A) Revenue expenditure

Explanation:

Revenue expenditure

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