Deccan Ltd. incurred an amount of ₹ 16 lakh as preliminary expenses for setting up a project costing ₹ 100 lakh during the financial year 2020-21. The amount of amortization available as deduction during the AY 2021-22 for the preliminary expenses would be:

  1. Home

Question:Deccan Ltd. incurred an amount of ₹ 16 lakh as preliminary expenses for setting up a project costing ₹ 100 lakh during the financial year 2020-21. The amount of amortization available as deduction during the AY 2021-22 for the preliminary expenses would be:

1.₹ 1,60,000

2.₹ 3,20,000

3.₹ 16,00,000

4.₹ 1,00,000

Posted by R4R Team
  1. Deccan Ltd. incurred an amount of ₹ 16 lakh as preliminary expenses for setting up a project costing ₹ 100 lakh during the financial year 2020-21. The amount of amortization available as deduction during the AY 2021-22 for the preliminary expenses would be:
Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!