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Preliminary expenses that can be amortized under the Income-tax Act 1961 has to be restricted to ______________ of the cost of the Project. A) 5%

Preliminary expenses that can be amortized under the Income-tax Act 1961 has to be restricted to ______________ of the cost of the Project.

A) 5% B) 15%

C) 20% D) None of the above

https://docs.google.com/document/d/1d84CWgJUSRtsRRhHm5eDUYHwnUNIIPxXbSCKPpgP4Ao/edit?usp=sharing

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