The Central Government has notified Income computation and disclosure standards for computing income under the head Profits and Gains of Business and Profession - .

Related MCQs

• Income chargeable under the head ‘Profits and Gains from Business or Profession’ is covered under _______________.
• Sec.139 (7) provides that in the case of a Government Company or any other company owned or controlled by the Central Government, or by any State Government, the first auditor shall be appointed by _________
• franchise fee received by an assessee in tourism business, against special rights given to franchisees to undertake hotel business in assessee’s property is taxable under the head _____
• Mr. X has started has business from 1st Sept '16 and does not have any other source of income. His first previous year will start from
• The house rent allowance (HRA) under the salary head of Income Tax Act is given by_____________.
• Under the Head Income from House Property, the basis of charge is the ______________ of property.
• For computation of Gross Annual Value, if actual rent is more than expected rent, then we select the ______________.
• Rental income from the business of leasing out properties would be taxable under the head_______
• Which of the following statement is not true regarding appointment of statutory auditor by the Central Government?
• Which amongst the following is not a head of Income?