An assessee incurred expense of tax on non monetary perquisites of employees. Such expenditure shall be considered as: | Faculties

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📊 Audit Taxation

Q. An assessee incurred expense of tax on non monetary perquisites of employees. Such expenditure shall be considered as:

(A) Revenue expenditure
(B) Deferred revenue
(C) Capital expenditure
(D) Expressly disallowed

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✅ Correct Answer: (D) Expressly disallowed

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