Hello,
Kindly suggest what are important important provisions of deduction for allowances & disallownces of expenses & income while computing taxable income from business & profession relevant for Ay- 2018-19 for may-2018 ipcc.
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expenses & income disallownces
Replies (2)
Major sections dealing with disallowance are
1. Section 40
2. Section 40A(2)
3. Section 40A(3)
4. Section 43B
5. Explanation to Section 37(1)
1. Section 40
2. Section 40A(2)
3. Section 40A(3)
4. Section 43B
5. Explanation to Section 37(1)
thanks
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