Forums

Cash basis / Due basis !

Direct Taxation

Hi Heads , Can u tell me the taxablity of 5 heads of income , on the view of cash basis or due basis?


Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

29-Dec-20 22:02

360

Answers (3)

For PGBP and other sources, it depends on accounting policy. Salary on due or receipt whichever is earlier. House property/ Capital Gains have specific provisions for computation.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

30-Dec-20 16:03

Sir can you explain about PGBP , its more helpfull ...


Thread Starter

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

30-Dec-20 21:15

Individual Modules Offer
Adv Acc