Discussion on service tax ca final - can anyone join now?

let us discuss tax planing tht is sec80 deduction and sce 35 ad sec 10a 10aa

if we read chapter wise or if we discuss question wise it is useful i think

Sec 28 income from B/P carried during d  previous yr while Sec 41 income  from B/P whether it is continued  or discontinued

ok but are u chting with your boy frind simentiosly as you are repling late ok so let us discuss business profesion

ya it is better if we study chapter wise

ya you all are right

wht is meaning of business or profesion

it is taking time to type or wait for your replies. ok let us discuss business profession sec by sec sequencially

business is a work or profession which is carreid for earning profits

sec 28 is charging section sec29 is for busines loss sec30 is for rent of plant and machnery sec 32 is for deprciation sce  33 is for tea ruber board sec 35 is for sceintfc rearch sec 36is for diffrebt exp sec 37 is for genral deduction

whatis business loss in band profesion

can u expaln the sec 32 main points to remember and also sec 35 as it is amended

sec 32 deprication whether claim or not it is aloowable asset should be owned by the owner asset shold be put to use put to use incldes redy to use sec 35 ad amendend is for the purpse to give benfit to hotel industry as they can set off loss of new hotela gain old hotel and some new business are added

r u ok of sec 35 which is related to the expenditure on scientific research which is now getting 200% weighted reduction

ask any other query so let me ask sec 40a(3)