Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

In computation of income under the head Profits and Gains of Business or Profession (PGBP), some of the expenses are allowed under Income Tax Act 1961 and can be claimed by the assessee only in the year in which the payment is actually made. This is irrespective of the previous year in which the liability to pay such sum was incurred by the assessee. #pdf
666 times
51 KB

Download Other files in Income Tax category

Trending Downloads