Qus. asked in ITI exam 2018

Sangram Patel (19 Points)

07 July 2019  
For levying tax on deemed income u/s.68, 69, 69B, 69C and 69D which of the following is deducted?

a.Expenditure incurred for earning that income
b.Depreciation or any other allowance
c. set off of any loss
d. None