Income tax

This query is : Resolved 

13 August 2010 What is the meaning of Total Income U/s 12A (b) of IT Act. Whether total receipt of trust or income excess over the expenditure?

13 August 2010 HERE INCOME MEANS TOTAL RECEIPTS.

13 August 2010 Total receipts will be total income.

income excess over the expenditure will be surplus.


13 August 2010 agreed with experts.



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