Income from Business - Canadian ITA

Random Miscellaneous or Canada Quiz

Can you name the Income for Business - Canadian ITA?

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HintAnswer
Which section will you find the 50% rule for meals and entertainment
18(9) restricts deduction for
20(10) allows deductions for
20(1)(aa) allows deductions for
18(1)(f) restricts deductions for
20(1)(z) allows deductions for
18(1)(n) restricts deductions for
18(1)(b) restricts deductions for
20(1)(a) allows deductions for
18(12) restricts deduction for
18(1)(h) restricts deductions for
Expenses incurred to earn commission are limited to
Inclusion rate for a capital gain
20(16) allows deductions for
20(1)(p) allows deductions for
9(2) requires inclusion of
18(1)(r) restricts deductions for
18(1)(c) restricts deductions for
20(1)(f) allows deductions for
HintAnswer
12(1)(l) requires inclusion of
20(1)(c) and (d) allows deductions for
20(1)(b) allows deductions for
20(1)(e) allows deductions for
Revenue from sale of capital asset is considered
18(1)(t) restricts deductions for
20(1)(l) - (p) allows deductions for
9(1) requires inclusion of
9(3) requires inclusion of
The amount recognized as income in a barter transaction is equal to
12(1)(d) and (e) requre inclusion of
20(1)(e.2) allows deductions for
18(1)(l) restricts deductions for
Revenue from sale of inventory is considered:
Basis of Inventory Valuation
Cost formula that is disallowed
67 restricts deductions for
18(1)(e) restricts deductions for

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