Miscellaneous Quiz / Income from Business - Canadian ITA

Random Miscellaneous or Nintendo Quiz
Score 0/37 Timer 10:00
HintAnswer
18(1)(c) restricts deductions for
20(1)(f) allows deductions for
20(1)(z) allows deductions for
20(1)(a) allows deductions for
20(1)(aa) allows deductions for
20(1)(e.2) allows deductions for
20(1)(c) and (d) allows deductions for
Revenue from sale of capital asset is considered
18(1)(f) restricts deductions for
Basis of Inventory Valuation
18(1)(b) restricts deductions for
20(16) allows deductions for
The amount recognized as income in a barter transaction is equal to
20(1)(e) allows deductions for
Cost formula that is disallowed
18(1)(n) restricts deductions for
18(1)(t) restricts deductions for
18(1)(l) restricts deductions for
12(1)(l) requires inclusion of
HintAnswer
9(1) requires inclusion of
9(3) requires inclusion of
Revenue from sale of inventory is considered:
18(1)(r) restricts deductions for
18(1)(h) restricts deductions for
18(12) restricts deduction for
12(1)(d) and (e) requre inclusion of
20(1)(b) allows deductions for
Which section will you find the 50% rule for meals and entertainment
20(1)(l) - (p) allows deductions for
18(9) restricts deduction for
67 restricts deductions for
20(1)(p) allows deductions for
18(1)(e) restricts deductions for
9(2) requires inclusion of
Inclusion rate for a capital gain
Expenses incurred to earn commission are limited to
20(10) allows deductions for
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