Income from business
This query is : Resolved
11 September 2016
Sir I have a doubt
how to detect types of expenses like Allowed expenses, Disallowed expenses and Allowed income,Disallowed income
12 September 2016
Whether is income is taxable or not is stated in Section 28 of the Income Tax Act. Similarly whether expense is allowed or disallowed is stated broadly in Section 36 of the Income Tax Act.
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