Business Studies, asked by harvindersingh16982, 5 months ago

difference between gross total income vs total income ​

Answers

Answered by Anonymous
4

Explanation:

Gross Total Income is the sum of all of the income a person receives during a year, whereas Total incomeis the amount of income that is subject to taxation, after all allowable deductions or exemptions have been subtracted from the Gross Total Income.

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Answered by Aadhyagupta2
0

Answer:

Gross Total Income is the sum of all of the income a person receives during a year, whereas Total incomeis the amount of income that is subject to taxation, after all allowable deductions or exemptions have been subtracted from the Gross Total Income.

Explanation:

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