27. "Proforma of Calculation of Income From Business" - From Income tax Subject

Dear Students,
To follow all the lectures “Income Tax - 1” subject, please follow the given link:
• 1 Introduction of Inco...
Please follow the given Subjects & Chapters related to Commerce & Management Subjects:
1. Financial Accountancy - Part : 1
• Accounting Basics For ...
Financial Accountancy - Part: 2
• 1. Non - Trading Accou...
2. MEFA (Managerial Economics & Financial Analysis)
• Accounting Basics For ...
3. Business Law
• Introduction of Busine...
4. Statistics
• Introduction of Statis...
5. Financial Management
• "Capital Budgeting" In...
6. Cost Accounting
• 1. Cost Introduction ...
7. Business Economics/ Managerial Economics
• "Introduction To Busin...
8. Basic Introduction Chapter of Financial Accountancy
• Accounting Basics For ...
9. Bank Reconciliation Statement
• 42. "Bank Reconciliati...
10. Final Accounts
• "Final Accounts Introd...
11. Depreciation
• 1. Depreciation Introd...
12. Rectification of Errors
• 1. "Rectification Of E...
13. Business Origanization & Management (BOM)
• "Characteristics & For...
14. Career Options
• BEST CAREER OPTIONS AF...
15. Company Law
• "Introduction & Featur...
16. Bills of Exchange
• 53. Introduction To "...
17. Non - Trading Accounts
• 1. Non - Trading Accou...
18. MEFA / BEFA For Engineering Students
• "Introduction To Busin...
19. Recommended Text Books For Commerce & Management Subjects:
• "Business Law" Only On...
20. Consignment Accounts
• 1. Introduction of Con...
21. Joint Venture Accounts
• 1. Joint Venture Accou...
22. BCRW (Business Communication & Report Writing)
• 1. Introduction To Bus...
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[@abhaibhatarai4556]

who r watching 1 day before exam😂❤

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Not one day before On exam day 😂😅

[@shaikshakira98]

😂🤭✋🏼

[@adityasahu4562]

😂

[@Anjum8603]

I was amog that group but it completely changed after me registering into ca inter should study the concept as if the exam is going to be conducted tommorow.

[@akshayputhran125]

🙌😬😀😂

[@afreen532]

Watching just 5 hrs before exams 😢

[@UGSomesh]

Yes bro😂😢

[@Lifewith_Yukta]

@@UGSomesh Watching 3 days before END SEM

[@AbhishekSingh-lm2uv]

Mam tomorrow is my internal and after your explanation ..it doesn't seems that i am studying this concept for the 1st time ...Great work ma'm 🔥🔥🔥

[@devikascommercemanagement]

Practice well & good luck Abhishek👍

[@kanishkmohan4742]

@@devikascommercemanagement you are the best teacher any commerce student can have

[@kanishkmohan4742]

@@devikascommercemanagement mam i saw you video last time when i was in my 1 semester 2020 now seeing your video after many years 2023 in my last semester exam you are a huge nostalgia for me

[@syedzayduddin1078]

Ma'am please make video on ch 5 please ma'am ​@@devikascommercemanagement

[@Memeskazalzala]

Internal me kon padhta hai

[@jeetkayjeo3038]

Thank you Mam. You explained very well. I was so many problem from Income from Business Numerical but after watching your these IFB lectures. Now Alhamdulillah I am able to attempt IFB Numericals. I am from Pakistan and I do so much respect for you Mam.

[@assault7655]

Mam you're just like a mother teaching their children ❤️ We love you mam

[@gowrijayram2072]

maam really ur class is very very usefull ,thank u ,and do more videos to helph students,tq from bengalore

[@Yt-Shortss123]

Mama thank you lot very much you’re teaching helped me lot in one day I have covered everything cost accounting thank you ❤❤

[@priyanshukeshri8182]

Too good teaching skills and all the problems are cleared

[@rabiyasultana424]

Maam u r literally a LIFE SAVER!!!!!❤❤❤❤ been watching u for over year now! THANK YOU SO MUCH FOR TAKING THE TIME OUT AND HELPING US OUT!

[@suhinashaikh2887]

Thanks mam well explained And thank you so much explaining in details and also thanks for your efforts tht u making just make it easily understandable by us

[@binakumari9328]

Ma'am your explanation skill is very good. Thank you so much ma'am 😍😍

[@ammaappaji9672]

Mam i understood, ur teaching is very good it helpful to me thsnh u so much

[@aryanvirale111]

Thank you mam for this beautiful explanation of the income tax

[@priyanthapeiris2558]

dear madam, thank you for the clear explanation

[@factyprem]

Mam aap jaise teachers ki hamare desh ko jarurat hai

[@saisuhas8334]

Madam with the help of your channel only I have completed the income from business madam even the with problems and proforma also I am checking with the with your channel whether I have done correct or not by checking the pro forma also madam thank you madam for for your kind blessings towards me madam

[@manishr8467]

Thank u mam for explaining the problem so easily and nicely it is easy ro understand the problem thank u mam 😊

[@devikascommercemanagement]

It's my pleasure Practice well 👍🙌

[@Nishathfatima760]

Mam I really don't have words to express my gratitude towards you that how you really teach in a excellent way ,thank you so much mam God bless you with more happiness and prosperity in your life 😊

[@devikascommercemanagement]

Thank you Have a bright career 👍🙌

[@korvimahendar5005]

Tq mam. I am understand your classes esilly great job mam

[@RAJeditsz]

Tommarow is my exam I am watching today😅

[@devikascommercemanagement]

Good luck Raj👍

[@barshajaiswal_04]

Same

[@mdarfath648]

Thanks for superbly explained mam thank you so much 😘😘

[@jagannathanpillai3822]

Thankyou mam. Worth watching. 🙏

[@lakshmivasan1745]

Mam.nice presentation. It very help for me this format

[@shifa.farooq]

Mam if dividend on shares(gross) is given on credit side is it to be taken in business income or not?

[@shirishaerraram4834]

Thank you madam I am full clarity about your classes and I hope to get good marks in ince tax truely

[@suchitabharti]

Great teacher of commerce ❤❤❤

[@THEGJO4VLOGGER]

Excellent explanation

[@kowsikakowshi4221]

Thank you mam today I got it 👍

[@sreejapampari825]

Mam please make a vedio on capital gain last chapter

[@vijayalakshmiviji5895]

Tq mam it's so easy to understand❤❤❤❤

[@syedaheenakouser9816]

Amazing teaching method

[@shafnafina9020]

Hello Mam ,i'm a bcom ca final year student ,I have Income tax exam on saturday (5th sem) , I came through your channel , and i found it very useful , i have a doubt that in some of the sums that our mam taught has the advertise expenses , but sometimes it's ignored , i'm so confused ,could you help me !? Can advertise expenses be taken in this calculation or it should be avoided ?! Please reply Mam

[@The_Ancient_Intelligess]

Tq mam... good teaching mam

[@pranjalprotimkonwar4293]

profoma is very helpful. for us

[@lukemulat2171]

Ma'am what if Depreciation is given in P/L a/c

[@omid7884]

Thank you ma’am, your lectures are great and easy for understanding Appreciate it :)

[@devikascommercemanagement]

It's my pleasure🙌👍

[@ebbomnyoduebbomnyodu163]

Mam ,outstanding lecture ❤

[@zipitar9018]

You are like my mother and teacher miss, 🙏

[@lakshmilakshitha7495]

I have dout Mam..depreciation we need to add even we to less in taxable income from business

[@MAHI_PAPA]

Ma'am If there is a profit on sale of Motor car or any asset, what we have to do??

[@chetanyagrover4805]

thank you ma'am you teach soo gud

[@davidyours8084]

Mam is it use full for the assment year 2023 ??

[@rahulkv9419]

Excellent class madam

[@prernasancheti2062]

Thank you mam for teaching

[@Tanziyaaa]

Thanku so much mam😊

[@mitatrikamani4398]

hii ma'am if there is a information that paying salary to proprietor's wife who is not qualified then what we have to do?

[@faizankhan-eb1qk]

Thanks ma'am ❤

[@harshavardhanraman3999]

What is the 'meaning' of inadmissable expense?

[@shreedujari428]

Please also make vidoe on income from capital gain

[@bahduhmablng906]

Mam I don't see any total taxable income please help mam cos I'm so confused why 80c 80u is applied 😢

[@rakeshnerella9214]

Super explaination mam

[@sampoorna375]

Tq so much mam ❤

[@HerVoice_HisWords]

Tq so much mam

[@aadityasharawat1472]

Are you South Indian .... your accent express....nice mam vry thankful...

[@srikanthreddy2567]

Thank you mam ❤

[@narasimhareddy4306]

Mam can u tell what are deprication rate having

[@Ajay_kumar1010]

I have 4th sem on 13th july i don't have any knowledge about income tax but im watching your videos mam now I'll complete the subject thank you so much ☺️ mam

[@devikascommercemanagement]

Wish you good luck 👍

[@RitwikaSanga]

Thank you so much maam❣️ Your videos are so helpful.. Maam can you please upload unit-5 Capital gains and income from other sources.

[@durgavijayalakshmikakarla5552]

Thank you mam

[@chekurisanjana4742]

Madam ur videos are really helpful in this 11 hours 😇

[@devikascommercemanagement]

Good luck Sanjana👍

[@mabhinav6504]

​@@devikascommercemanagement Madam I have one doubt that in add inadimissible expenses above points only come ha and and when there give in adjustment like rent and taxes 10℅ and we should take ha

[@amritasingh3146]

You're the best.♥️

[@devikascommercemanagement]

Have a bright career 👍

[@ok-kc3cy]

Thnq

[@user-ze6uu1vx5f]

Thankyou mam😊😊

[@aiswaryasoman9375]

Thankuuu mam🙏🙏lots of love from Kerala😍

[@devikascommercemanagement]

Study well & Good luck Aiswarya👍

[@brownchic]

Thanks for this video and making it very easy to learn

[@devikascommercemanagement]

You are most welcome Practice well👍

[@brownchic]

@@devikascommercemanagement yes I will practice well ma'am and score better ☺️

[@allrounderr765]

Maam can i follow ur videos for 2024 or there is some type of changes?

[@galilakshmireddy747]

madam please say to me discount, commission, liblieties on interest in admission expenses

[@Maya_CR-42]

Thank you mam .🎉🎉you explain so so good... please try in hindi also...we need explanation in hindi.... Thankyou....lots of love from Badruka College ❤

[@devikascommercemanagement]

Glad to hear from Badruka, I wrote my M.Com exams in the same college, I will try in Hindi first one demo 👍

[@hersecretbook2158]

Can u make video on capital gain and other sources aswell

[@sweethome9973]

Thankyou mam😇 Helpful 👍

[@devikascommercemanagement]

Good luck 👍

[@slakshmi1193]

Mam I have a doubt . Technical know how ( before 1998 ) given . How it should be taken plz guide mam

[@kanhaguptaa]

Thanks a lot mam , tomorrow is my exam and I have thought to leave this head but after watching your video I kinda motivated to do

[@devikascommercemanagement]

All the best👍🙌

[@kanhaguptaa]

@@devikascommercemanagement Thanks a lot Mam😊

[@atunbiswas4674]

Maam please cover capital gains and deduction chapter

[@vishalmohite8010]

Tqsm madam tomorrow I have exam and this topic is very helpfull to score marks Good explanation

[@devikascommercemanagement]

Good luck Vishal👍

[@vishalmohite8010]

@@devikascommercemanagement TQ madam

[@gsshhbvhjn5799]

Mam you are God for me

[@aswinr8599]

Mam your too good.... Thanks a lot🙌🏻🙌🏻🙌🏻✨️✨️

[@devikascommercemanagement]

Most welcome 👍

[@crazy_knight-Yt1]

But mam while preparing Final accounts we will record depreciation adjustments and deduct the depreciation from the asset value in Balance sheet. Normally depreciation amount will come in the debit side of P/L Then Mam I can't understand that why did you said that depreciation is not charged in P/L A/c

[@nishitasubramanian1382]

Depreciation calculations auditors will do at year end , since we are preparing this as per IT act , depreciation as per IT act is allowable .hence depreciation as per companies act which is debited or charged to pnl a/c is now added back as disallowance.

[@shaikhsimran3120]

Thanks Alot mam...very helpful videos.. understandable and well explained

[@devikascommercemanagement]

Practice well Simran👍

[@theoshangase.6882]

Thank You Maam Your Teachings Helps Me A Lot Am Able To Understand And Clear My Papers

[@devikascommercemanagement]

Good 👍

[@rajthakkar3646]

How is interest on capital ;personal ,mam

[@kowsikakowshi4221]

My lecture not teach mam 😫 but now I am happy

[@yamunachekkala9431]

Gifts and presents taking or not taking

[@sainikhil51]

Tq mam

[@sushmithapoojary830]

Love you mam❤

[@devikascommercemanagement]

Study well and good luck Sushmitha👍

[@vinoth2828]

What about Gross profit?

[@chichangasangma7062]

Thank you ma,am❤ and ma,am what about questions number 2 income from business

[@pritikumarisahu976]

Thanks a lot mam ♥️♥️

[@devikascommercemanagement]

Practice well Priti👍

[@yashzopdekar1782]

What about law charges mam ?

[@virajdongare4823]

THIS IS VERY CLEAN AND CLEAR EXPLANATION MAM , VERY NICELY YOU EXPLAINED ALL DADA THANK YOU MAM 💯

[@devikascommercemanagement]

Practice well & Good luck dear Viraj👍

[@138sangsingh6]

Why loss is not written in the Proforma..?

[@arjunsoni7861]

Nice 👍

[@mounishamounisha3257]

Mam for assessment year 2023 -24 also we can follow mam. Are any changes mam. Tomorrow i have a exam mam

[@movvaniharika1871]

Mam could you please teach capital gains and set offs

[@marabathinachandu3747]

Hii

[@diversediaries2851]

Ma'am last me aap n admissible income ko add nahi kiya ???

[@rohitjadhav4930]

Mam please can u come with new topic (capital gains )

[@nausheenfatima-md1tk]

Income tax videos for this year plzz

[@kondapraveen8930]

Mam do video on capital gain fast

[@nausheenfatima-md1tk]

Mam plzzz make videos for this year for sem 4

[@prakharsharma8653]

Why income tax paid is inadmissible? Can someone explain.

[@JaiBalayya-tl5xx]

Bcz it's not income of business

[@awadbahamed4368]

Mam your explanation is nice 👍 i have understand this problem thanks mam ☺️

[@RAJATRAJASTHALA]

MAM JUST WAITING FOR CLUBBING OF INCOME AND CAPITAL GAIN