RESULT OFFR 12%off code: RESULT, fr hlp gv mis cal 9980100288. Chk complete CA FINAL, CA CPT Reslt Updates Here

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Definition of "Discontinued business"

Where any business or profession is discontinued in any assessment year, the income of the period from the expiry of the previous year up to the date of such discontinuance may, at the discretion of the Assessing Officer, be charged to tax in that assessment year.

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