what is the difference between capital income and capital
receipt?
Answer / annapurna
Capital Income is otherwise termed as capital gain.It is
surplus of receipt over the equisition of the property.
Capital receipt is receipt of money through sale of
property.
Is This Answer Correct ? | 9 Yes | 3 No |
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IF CASH-IN-HAND COMES IN CURRENT ASSET(HEAD) THEN PLEASE TELL ME IN WHICH HEAD COMES "SALES RETURN" AND "PURCHASE RETURN"
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