A.non agricultural income

B.Agricultural income

C.Salary Income

D.Business Income

A.Bank deposits

B.Debentures

C.Preference shares

D.All of the above

A.Only II

B.None of them

C.Only I

D.Both I and II

A.Allowed as a deduction spread over five successive previous year beginning with the previous year in which the amalgamation or demerger takes place.

B.Not allowable as a deduction in computing profits and gains of business or profession.

C.Fully deductible as revenue expenditure in the year in which it is incurred.

D.Not deductible but is eligible to be treated as an intangible asset in respect of which depreciation can be claimed.

A.Nil, if it is uptoRs. 50 per meal

B.Actual amount spent by the employer

C.Nil

D.Nil, if it is upto Rs. 75 per meal