41(2) and 41(3)

calculation of these two sections
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Quick Summary
This discussion clarifies Sections 41(2) and 41(3) of the Income Tax Act, which deal with the calculation of deemed income. These sections are crucial for understanding how certain income is treated under the Profits and Gains from Business or Profession (PGBP) head. The content aims to explain the specifics of these provisions and their impact on taxpayers.

What are those sections?
Deemed income under PGBP Head of Income

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