INCOME FROM BUSINESS OR PROFESSION
This query is : Resolved
07 September 2010
Please help,
can u reply how to compute the income from "Business or profession"
can u reply how to compute the income from "Business or profession"
Aditya Maheshwari
(Expert)
07 September 2010
Profit as per P & L A/c
Add: Disallowances
Less: Allowances / Items considered under other heads
Taxable business income.
Add: Disallowances
Less: Allowances / Items considered under other heads
Taxable business income.
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