https://www.taxtmi.com/acts?id=11688 Gross earnings from business comprise the aggregate of receipts and accruals connected with the business, including monetary receipts, benefits or perquisites, closing inventory value, and amounts after discontinuance. The provision specifies illustrative inclusions such as compensation for termination or management changes, consideration under non capital agreements, subsidies and grants not for capital assets, remissions or refunds of taxes (other than under the Code), recoveries of previously allowed bad debts, proceeds on disposal of business capital assets, and interest received by financial institutions, while excluding dividends, certain interest, house property income and income from transfer of investment assets. en-us Thu, 16 Sep 2010 18:33:20 +0530 Fri, 17 Sep 2010 13:24:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11688 Gross earnings from business comprise the aggregate of receipts and accruals connected with the business, including monetary receipts, benefits or perquisites, closing inventory value, and amounts after discontinuance. The provision specifies illustrative inclusions such as compensation for termination or management changes, consideration under non capital agreements, subsidies and grants not for capital assets, remissions or refunds of taxes (other than under the Code), recoveries of previously allowed bad debts, proceeds on disposal of business capital assets, and interest received by financial institutions, while excluding dividends, certain interest, house property income and income from transfer of investment assets. Act-Rules Bills Thu, 16 Sep 2010 18:33:20 +0530 https://www.taxtmi.com/acts?id=11688