Gross earnings definition expanded under business income-broad inclusion of receipts, benefits, inventory and specified recoveries. Gross earnings from business comprise the aggregate of accruals or receipts from or in connection with the business, the value of benefits or perquisites ... Summary
Gross earnings definition expanded under business income-broad inclusion of receipts, benefits, inventory and specified recoveries.
Gross earnings from business comprise the aggregate of accruals or receipts from or in connection with the business, the value of benefits or perquisites so accrued or received, and the value of the inventory of the business as at the close of the financial year.
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