Welcome to your Ch 6: Definition of Business (6 to 10)
6. Examine the following statements in the light of section 2(85) which defines the term place of business-
i. I keep and maintain my books of accounts at my
Accountant office, my accountant office is my place of
business.
ii. Renting of residential property is a business.
7. The place of business for a stock broker would be
8. Examine the following statements in the light of section 2(85) which defines the term place of business-
i. Location of ATM machine is a place of business.
ii. Warehouse of a bank is a place of business.
