| A | | B | | C | | D | | E | | F | | G | | H | | I | | J | | K | | L | | M | | N | | O | | P | | Q | | R | | S | | T | | U | | V | | W | | Y | | Z |

Definition of "Capital receipts"

An amount referable to fixed capital is a capital receipts. Fixed capital is that which is not involved directly in the process of business but remains unaffected by the process. Every capital receipts is exempted from tax unless otherwise expressly taxable.

| A | | B | | C | | D | | E | | F | | G | | H | | I | | J | | K | | L | | M | | N | | O | | P | | Q | | R | | S | | T | | U | | V | | W | | Y | | Z |

Videos
Books
Notes
Loading
SIGN UP
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.