Income under head “Profits and gains of business or profession”.
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Manner of computing profits and gains of business or profession.
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Rent, rates, taxes, repairs and insurance.
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Deductions related to employee welfare.
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Deduction on certain premium.
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Deduction for bad debt and provision for bad and doubtful debt.
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Other deductions
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Deduction for Depriciation
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General conditions for allowable deductions.
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Amounts not deductible in certain circumstances.
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Expenses or payments not deductible in certain circumstances.
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Certain deductions allowed on actual payment basis only.
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Certain sums deemed as profits and gains of business or profession.
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Computation of actual cost.
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