Teaching Haryana (HPSC) Assistant Professor Mock Test 2025 Income-tax and Corporate Tax Planning Income-tax
Assertion (A): Annual lease rentals, in case of a lessee, are allowed for deduction for computing the taxable income.
Reasoning (R): Depreciation, in case of lessor, is not allowed for deduction.
1
Both (A) and (R) are correct
2
Both (A) and (R) are incorrect
3
(A) is correct but (R) is incorrect
4
(A) is incorrect but (R) is correct
5
Question Not Attempted