Taxation of Profits and Gains of Business and Profession (PGBP) New Income Tax Act 2025 part 1

Understand the taxation of Profits and Gains of Business and Profession (PGBP) under the New Income Tax Act 2025 in this comprehensive guide. In this Part 1, we deep dive into the foundational sections (Clauses 26 to 33 of the new Act), covering the basis of charge, computation methods, and essential deductions for business assets.
This video is an essential resource for: Taxpayers, CA/CS/CMA Students, Finance Professionals, and Business Owners.
Key Topics Covered:
• Basis of Charge: Understanding what constitutes business income under the new law.
• Computation Framework: How to calculate taxable profits vs. accounting profits.
• Building Expenses (Rent, Rates, Taxes): Allowability of repairs and insurance for business premises.
• Plant & Machinery: Deductions for repairs and insurance of professional equipment.

Watch till the end to master the practical application of these clauses!
#incometax2025 #PGBP #castudents #cafinal #caintermediate #businessincome #taxationindia #newtaxlaw
income from PGBP, new income tax act 2025, profits and gains of business or profession, income tax 2025 india, PGBP calculation, section 28 to 32 income tax, business tax deductions india, depreciation rates 2025, repairs and insurance deduction, tax on professional income, CA students taxation, direct tax full course 2025, business expense allowability, income tax bill 2025, finance act 2026, tax law simplified, PGBP revision lecture, CA inter DT revision, CA final DT updates.

Видео Taxation of Profits and Gains of Business and Profession (PGBP) New Income Tax Act 2025 part 1 канала Legalfactory