Income from creditor
Atharv Sankliya (1354 Points)
25 December 2021Atharv Sankliya (1354 Points)
25 December 2021
anil jain
(Partner)
(1072 Points)
Replied 26 December 2021
Remission of creditor is chargeable to tax under section 41 under the head profit & loss of business & profession.