Miscellaneous Quiz / Income from Business - Canadian ITA

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Can you name the Income for Business - Canadian ITA?

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

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