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Sagot :
Fees paid to the lawyer for drafting the partnership deed are not allowed as deduction while computing the business income.
Most businesses will generate the majority of their income through the sale of products or services. To generate income through product sales, businesses need to offer goods or services that customers are willing and willing to pay for. Businesses can generate income through advertising by selling advertising space to other businesses.
Sponsorships can be another source of income for businesses, especially if the business is involved in a sport or other activity that attracts sponsors. Investment income can be generated if the business owns assets such as property or stocks and bonds.
The question is incomplete, the complete question is:
_____________ are not allowed as deduction while computing the business income.
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