While calculating the direct tax payable u/s 7 of the Payment of Bonus Act which of the following should not be considered? (i) Profits                     (iii) Speculation loss (ii) Capital gains...

While calculating the direct tax payable u/s 7 of the Payment of Bonus Act which of the following should not be considered?

(i) Profits                     (iii) Speculation loss


(ii) Capital gains          (iv) Unabsorbed depreciation




May 26, 2022
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