https://www.taxtmi.com/acts?id=49093 The Bill extends the application of existing deduction rules used for computing business profits to income assessed under the specified head, and provides that any benefit from remission or cessation of a liability for which a deduction was earlier allowed is taxable in the year the benefit is obtained. en-us Fri, 14 Feb 2025 16:48:24 +0530 Fri, 14 Feb 2025 16:48:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49093 The Bill extends the application of existing deduction rules used for computing business profits to income assessed under the specified head, and provides that any benefit from remission or cessation of a liability for which a deduction was earlier allowed is taxable in the year the benefit is obtained. Act-Rules Bills Fri, 14 Feb 2025 16:48:24 +0530 https://www.taxtmi.com/acts?id=49093