When ABC Ltd incurred ₹ 10 lakhs in F.Y. 2016-17 as capital expenditure for the purpose of family planning amongst the employees, the expenditure allowable for the assessment year 2017-18 would be :
CS Executive · Tax Laws and Practice · PYQS · December 2017
When ABC Ltd incurred ₹ 10 lakhs in F.Y. 2016-17 as capital expenditure for the purpose of family planning amongst the employees, the expenditure allowable for the assessment year 2017-18 would be :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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