Menu
agreegation income of two bussines
How will compute income of assesee ?, if in previous year one person doing profession for some months i.e.4months , and leaves the profession & also in that year previous year he does other bussiness (other than profession) for part of the year
Replies (2)
ADD THEM :)
Prepare two separate P & L and add the profit of the two businesses in the computation sheet. If u get loss in one and profit in the other, than set off both and offer for tax net taxable income if any or c/f for next year.
Recent Topics :
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
Related Topics :
CAclubindia
