Which of the following is not deductible while calculating taxable income from business —

CS Executive · Tax Laws and Practice · PYQS · December 2016
Which of the following is not deductible while calculating taxable income from business —
(A) Sales tax
(B) Income-tax
(C) Customs duty
(D) Local taxes.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax

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