Since,there will be Compulsory audit,we need to keep into account Different Sections of Income tax while preparing our books of account

Most importantly,we should know Important provisions of PGBP Income (Profits and Gains of Business and Professions) and How is Depreciation computed as per income tax

Lets learn the important sections first


  1. Practical Income Tax
  2. Corporate Income Tax

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.