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[WpProQuiz 773]
[WpProQuiz_toplist 771]
ques 16- defense expenditures come under capital expenditure.
No. They come under revenue expenditure, for eg, salaries to defence personnel. If any asset is being created, then it will come under Capital Expenditure.
Q2, the second statement is wrong as Paris Convention is from 1883 and not 1863.
Round tripping is “Tax evasion”(illegal) not tax avoidance(legal).
ques 16- defense expenditures come under capital expenditure.
No. They come under revenue expenditure, for eg, salaries to defence personnel.
If any asset is being created, then it will come under Capital Expenditure.
Q2, the second statement is wrong as Paris Convention is from 1883 and not 1863.
Round tripping is “Tax evasion”(illegal) not tax avoidance(legal).