Profits and Gains of business or Profession (A.Y. 2010-11)

Member (Account Deleted) Guest , Last updated: 05 April 2010  
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Profit and gains of business as specified in section 28 of Income tax Act are taxable. The term ?business? includes trade, commerce or manufacture or adventure or concern in nature of trade, Commerce or manufacture [section 2(13) of Income Tax Act] ?Professional Income? is income from exe

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