Which of the following taxes are allowed as deduction while computing the business income?

A country has an "absolute advantage" in two products with respect to another country. Can it gain by trading with the other country?

In ________, the values exchanged by the contracting parties may not necessarily be equal

A Foreign Bank is one

Mr. M by a Gift deed transferred certain property to her daughter, with a direction that daughter should pay an annuity to Mr. M's brother, as had been done by Mr. M. On the same day, the daughter executed a deed in writing in favour of Mr. M's brother, agreeing to pay annuity. Afterwards, she declined to fulfil her promise saying that no consideration had moved from her uncle. Which of the following statements is correct'?