Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Foreign gains
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Profits of public enterprise
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Corporate Tax
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is D Recovery of loans Recovery of loans is not an example of revenue receipts because revenue receipts refer to those money receipts which does not create a
liability for the government or cause reduction in assets of the
government.