Housing

Dear Sankaran,

Your question is not clear to me

Can u explain it is related to which matter?

PGBP stands for PROFITS & GAINS FROM BUSINESS & PROFESSION.... Thats all i can say for ur query

Dear sir......

PGBP - PROFITS and GAINS FROM BUSINESS / PROFESSION..................

What you want to know exactly about PGBP. It is the third head under which income from any business of the assessee or profession(CA,CS,Doctor,Teacher etc ). Also Vocation income is included in this head

IF ASSESSEE ENGAGED IN ANY BUSINESS OR PROFESSION THE INCOME FROM IT WILL BE TAXABLE UNDER - PGBP - PROFITS and GAINS FROM BUSINESS / PROFESSION

Its a Vast Subject , Go through IT Act.. and let me know if you have any queries abt any concept.