Business loss u/s 28 vs. specific deductions under the head business

| Last updated: 28 May 2020

Many times we fall into a confusion regarding the difference between business losses and business expenditure. A business loss can come from the normal operation of the business or an irregular activity arising out of the business whereas expenditure is something which is deliberately incurred for t
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Karan Khanchandani

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Chartered Accountant

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