Payment of interest in excess of 15% simple interest per annum on Partners Capital in a Partnership Firm is allowable expenditure. State whether this is True or False

agricultural land in India is not a capital asset.

Income from business  shall be at ___% of turnover if turnover is less than 2 crores and cash receipts are more than 5%

30% of any sum payable to a resident on which TDS was deductible but not deducted shall be treated as

Capital gain on Transfer by conversion of a capital asset into stock-intrade will be taxable when such stock in trade is