Income Tax Law and Practices MCQ: Under the head Business or Profession, the method of accounting which an assessee can follow shall be:

← All Income Tax Law and Practices questions

Under the head Business or Profession, the method of accounting which an assessee can follow shall be:

Correct Answer: Mercantile or cash system only

Make the most of this question

This page focuses on one Income Tax Law and Practices question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

← More Income Tax Law and Practices MCQs All Faculty topics Mock test hub