business income on % basis

Others 557 views 1 replies

please clarify-

when business income is estimated on % basis by the AO treatment of

-Loss on sale of asset

-depreciation

-intrest derived from bank deposits

whether the above 3 items are seperately  to be added to the estimated income 

ie. loss on sale of asset & depreciation is to be allowed

intrest on deposits to be added to the estimated income or not

Replies (1)

What you want to clarify please be more specific.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register