QUE 2
Following is the profit and loss account of Mr. X. a cloth dealer. Find out the taxable business income for
the A.Y. 2019-20.
Particulars
Amount
Particulars
Amount
60.000
Gross Profit
Salary to start
1,60,000
Advertising expenses
40,000
GST paid
20.000
40,000
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OK I will find it and we'll send answer to you afterwards the comments
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