WebNov 24, 2024 · In today’s episode, BusinessLine's Keerthi Sanagasetti, highlights some important aspects one should note, with respect to income chargeable under the head, profits and gains from business or... WebDec 15, 2024 · Basis of Charge of Income Under Business/Profession: There are some of the income which are taxable under the head “Profit & gains of Business or Profession” The profit & gains earned by the assesses from the business/profession carried at any time during the previous year.
Rental income income under the head business income or house …
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PROFIT AND GAINS FROM BUSINESS / PROFESSION …
WebCHAPTER 4- INCOME UNDER THE HEAD PROFITS & GAINS FROM BUSINESS OR PROFESSION TAXATION Chapter 4: Income under the Head Profits& Gains from Business or Profession A.Y. 2013-14 77 PROFITS & GAINS FROM BUSINESS OR PROFESSION Basics of PGBP. Depreciation Tea, Coffee, Rubber and Site Restoration Scientific Research WebDec 28, 2024 · Updated: 28 Dec 2024, 06:51 AM IST Sandeep Sehgal Photo: iStock The income earned from creating videos would be considered an application of certain skills and talent. Therefore, such income... WebDec 22, 2024 · Any income that is not covered in the other four heads of income is taxable under income from other sources, because of this, it is known as residuary head of income. All the incomes excluded from salary, capital gains, house property or business & profession (PGBP) are included in IFOS, except those which are exempt under the Income Tax Act. chill grill carnwath