In a cash flow statement, interest paid on debentures is classified under: MCQ with Answer and Explanation

Explanation:
Angel tax refers to Section 56(2)(viib) tax on excess share premium received by closely held companies.

Explanation:
The Composition Scheme is barred for suppliers of services (except restaurants), those making inter-state supplies, casual/non-resident taxable persons, and manufacturers of specified goods like ice cream, pan masala, and tobacco. Therefore, all options apply.

Explanation:
A compound journal entry involves three or more accounts (multiple debits or credits).