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Is income taxable or receivable or received in case of LLP and company

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(Querist)
31 October 2024 whether income is taxable on accrual or received basis for company and LLP
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
31 October 2024 Income accrued or received in a financial year is taxed in the same year for all the assessee including company & LLP.
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