I can not arrive the answer of the problem no. 81.14E of the singhania book(students' guide), please anyone help me
net profit 91,50,000
+ dep 2,00,000
+ dep 10,50,000
total 1,04,00,000
less : 35AD 90,00.000
BI 14,00,000
Less : business loss 3,00,000
BI 11,00,000
you can also refer this article. but do not waste much time
https://www.taxmann.com/BudgetFiles/2010/Expertopinon/ASSESSEESHAVEACHOICEBETWEENSECTION35ADANDVARIOUSOTHERSECTIONSOFCHAPTERVI.htm
Thank You very much Sir!
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