Documente Academic
Documente Profesional
Documente Cultură
ON
INCOME FROM BUSINES & PROFESSION
Mcom Part - 2
SEMESTER 3
SUBMITTED TO
UNIVERSITY OF MUMBAI
Prepared by:
Mcom Part - 2
ROLL NO.
UNDER GUIDANCE OF:
PROF.
DECLARATION
Signature of Student
(Mcom Part 2)
ACKNOWLEDGEMENT
A great teacher is not simple one who imparts knowledge to his
student, but one who awakens their interest in it and makes them eager to
pursue for themselves.
This idiom without doubt, fit with Prof.
my teacher guide. She guide me and gave knowledge in detail & help me to
make a very effective project. So this project work from bottom of my heart;
I thank her for her precious time that she spent for me for my project work.
It is a matter of utmost pleasure to express my ineptness & deep sense
of gratitude, to various persons who extend their maximum help to supply
the necessary information for present these that became available account of
most selfless co-operation. I am grateful to my parents & friends who
encouraged & inspired me at every stage of present work by providing
immeasurable love affection care & moral support.
INDEX
Sr.No
1
2
3
4
Title
EXPLANATION
METHODS OF COMPUTING TAXABLE INCOME
BASIC OF CHARGE: SECTION 28
DEDUCTION FOR EXPENSES SECIFICALLY ALLOWED
SEC. 30 TO 43 D
PROBLEM
METHOLOGY
METHODS
INCOME
OF
COMPUTING
TAXABLE
A.METHOD
OF
DEPRECIATION
CALCULATING
Rate of Depreciation
5%
20%
40%
50%
Cost(`)
60,00,000
2,00,000
3,00,000
1,00,000