Section 2 15 of Income Tax Ordinance 2001 defined debt means any-11073
Section 2(15) of Income Tax Ordinance 2001 defined: debt means any amount owing, including accounts payable and the amounts owing under promissory notes, bills of exchange, debentures, securities, bonds or other financial instruments;<br>In which criteria the above definition falls?
This multiple choice question (MCQ) is related to the book/course vu fin623 Taxation Management. It can also be found in vu fin623 Final Term - Quiz No.3.
Section 2(15) of Income Tax Ordinance 2001 defined: debt means any amount owing, including accounts payable and the amounts owing under promissory notes, bills of exchange, debentures, securities, bonds or other financial instruments;
In which criteria the above definition falls?
In which criteria the above definition falls?
Exclusive definition
Inclusive definition
Both Exclusive and Inclusive definitions
Statutory definition