Pgbp

This query is : Resolved 
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(Querist)
20 April 2015 why profit on sale of license is considered as revenue item in tax and comes under pgbp
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
20 April 2015 Because licence is for running the business and related to business purpose
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