Personal income

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3 Points Posted on 17 February 2020
can we say personal income is total income of assessee??
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On 17 February 2020 at 09:26 Report
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This discussion clarifies the concept of personal income, confirming it represents the total income of an assessee. It highlights the necessity of maintaining detailed income records. Furthermore, the conversation touches upon disposable income and its distinction from personal income, referencing external resources for a deeper understanding of these financial terms.

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"Do the Right Thing...!!!"
128162 Points Posted on 17 February 2020
Yes...
But, Income details will be required in his books...
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On 17 February 2020 at 09:41
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3 Points Posted on 17 February 2020
Then what is disposable income sir
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On 17 February 2020 at 09:42
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"Do the Right Thing...!!!"
128162 Points Posted on 17 February 2020
Https://study.com/academy/answer/disposable-income-differs-from-personal-income-by-a-personal-taxes-b-personal-saving-c-transfer-payments-d-personal-consumption-expenditures.H T M L
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On 17 February 2020 at 09:48

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