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Baroda Cpe Study circle 30 th August, 2011

Baroda Cpe Study circle 30 th August, 2011. ISSUES ON SECTION 14 A. History of Section 14A. The Net Income Principle Any Income earned during any year, must always be taxed on a net basis i.e. Gross Income minus the expenditure incurred for earning such income.

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Baroda Cpe Study circle 30 th August, 2011