1.

Comment on the following statements as true or false, with a reason. (i) Construction of school-building is a revenue expenditure of the government. (ii) Gift tax is a capital receipt. (iii) Dividends on investment made by government is a revenue receipt.

Answer»

Comment on the following statements as true or false, with a reason.

(i) Construction of school-building is a revenue expenditure of the government.

(ii) Gift tax is a capital receipt.

(iii) Dividends on investment made by government is a revenue receipt.



Discussion

No Comment Found