Poba
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 December 2013
sec 20 of POBA says that generally POBA is not applicable to public sector enterprises but if
public sector enterprises sells any goods manufactured by it or renders any services in competition with establishment in private sector
AND
the gross income from such sale is atleast 20% of total income of public sector enterprise for that year.
then the act shall apply..
WHAT DO WE MEAN BY GROSS INCOME?
THANK YOU
public sector enterprises sells any goods manufactured by it or renders any services in competition with establishment in private sector
AND
the gross income from such sale is atleast 20% of total income of public sector enterprise for that year.
then the act shall apply..
WHAT DO WE MEAN BY GROSS INCOME?
THANK YOU
29 December 2013
Hi
Pl refer: https://www.caclubindia.com/forum/computation-of-the-allocable-surplus-under-under-pob-act-275426.asp
Thanks
Pl refer: https://www.caclubindia.com/forum/computation-of-the-allocable-surplus-under-under-pob-act-275426.asp
Thanks
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