i have ipcc may attempt..n i dont know anything abt pgbp
suppose thre is an expnese...in buk its written that its 60% value is allowed
so does it mean this
suppose income is 50000
expenses 10000(assumed)
(-)allowed 6000
or it shud be
50000- 6000??
and one more thing...is it like jo expense pe deduction mil chuki hain ..if we recive them later thn they r treated as income ..odrwise not??
Yes,
treated as Income
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