A new business was established on 1-7-2023 but its operation will start from 01-09-2023, receives its 1st payment on 01-10-2023 the previous year would be the period :
CS Executive · Tax Laws · PYQS · June 2024
A new business was established on 1-7-2023 but its operation will start from 01-09-2023, receives its 1st payment on 01-10-2023 the previous year would be the period :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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