hello, everyone pls answer this
Q1 which of the following are not allowed as deduction under sec. 36 of income tax act, 1961
- securities transaction tax
- commodities transaction tax
- banking cash transaction tax
- none of the above
Q.2 the circulars issued by the CBDT in excercise of the powers conferred under sec. 119 are binding on the
- income tax authorities
- Assessees
- ITAT
- comissioner(appeals)