PGBP ADJUSTMENTS Nov 24 | Revise PGBP in 20 Minutes | Increase 15 Marks| CA Yash Khandelwal

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[@vinthobuzz2361]

For all those having confusion regarding treatment of non compete fee,
*non compete fees are taxable as PGBP from the point of view of the receiver. The same is an intangible asset from the point of view of the payer.
Assume PVR pays Rs. 10 crores as non comp fee to another group of cinemas say Jai cinemas. In the hands of Jai cinemas the 10 crores is PGBP. But in the hands of PVR, the same is an intangible asset depreciable at 25%.*

[@babjimisalola2783]

Sir, Thanks for the Last minute revision of PGBP adjustments. I wanna suggest a improvement that, it would be more helpful, if the adjustments are in Sequence (may be group wise ). All similar type of adjustments in Add section and deduction section. (Eg All the provisions, Capital nature expenses are at a place)
Its just my opinion, You daa the best ❣

[@masirakhan8006]

Self ref
25:00 arrears of intt waived by Bank- allowed
Intt & BC included in closing stock(ICDS)- allowed
Intt on share application money deposited with bank - adjust with share issue expenses
Income after deduction of 33AB(lower of:(a)amt deposited in nabard or (b) 40% of pgbp before deduction of 33AB)
(-)agricultural Income: allowed

[@Sagarsingla-xi5tp]

Sir under 115BAB compulsory surcharge of 10% only on PGBP Tax rate of 15% or on all tax rates like even on 22%.

[@lucky-oe7lj]

15:00 opening stock and closing stock

[@divyaharsh7171]

Thank you for constantly motivating us, sir! #Sabkarlenge

[@cayashkhandelwal]

Sab Kar Lenge ♥️💯

[@BEINVENUE18]

guys just do this sheet everything will come from this only

[@srirambolla554]

Thanks

[@wronggamers6971]

for ca inter??

[@jatinkhatri4827]

Mene abhi tak pgbp me kuch nahi padha to bhi yeh kaphi he kya😢

[@Harshhh-W]

​@@jatinkhatri4827 phle kisi ka one shot dekh ke smjh le chapter

[@SD-uk9ph]

Every minute of this video is superb

[@HM-ky9pb]

1:11 start

[@adarsh_d11]

Sir, I think Non compete fees are allowed as deduction. It is not an intangible asset.

[@indian5424]

Me too bro

[@harshdipshingote2056]

both allowed

[@vinthobuzz2361]

non compete fees are taxable as PGBP from the point of view of the receiver. The same is an intangible asset from the point of view of the payer.
Assume PVR pays Rs. 10 crores to another group of cinemas say Jai cinemas. In the hands of Jai cinemas the 10 crores is PGBP. But in the hands of PVR, the same is an intangible asset depreciable at 25%.

[@HarshGupta-vz2ui]

Thank youuuu❤

[@m.h.manikanta]

STT IS ALLOWED ONLY FOR BUSINESSES TRADING IN SECURITIES I THINK !?

[@vinthobuzz2361]

yes, not for other businesses.

[@ketki_joshi]

Literally had tears listening to #sabkarlenge.. thank you so much sir for all the efforts. Thank you for believing in us. N makeing us to believe in ourselves.

[@rahuldas2071]

Thank you sir for sharing entire PGBP FORMAT

[@rohitvarindani6564]

Thanks A Lot Sirji ❤

[@unknownuserid2401]

Thank you so much Sir 🙏🏻

[@mamtamakhija8268]

Thank you ❤❤

[@vamsikrishna-sj6gz]

Sir in point 33 deductions if tds not deducted then 30% will be disallowed?

[@BharatSharma-sh1ir]

Start 1:08

[@rohanarora0601]

Thank you so much sir ji :)

[@vasutalwar3676]

Great video sir

[@SureshKumar-ww6ib]

Bonus buy back ye module m kaha h sir 17:15

[@shivangiagnihotri1325]

thank you sir

[@sukoon_umid]

Thank you so much sir

[@harshithabhandari6605]

I feel the strong urge to arrange all the adjustments and grouping similiar ones together properly.. I cant be the only one.

[@cayashkhandelwal]

Will take care in next attempt. Actually this this format is familiar to lot of students already. That’s why didn’t change it

[@harshithabhandari6605]

@cayashkhandelwal Change is the only constant sir, who better than a CA profession would understand that 😜 Thank you in advance, sir. I deeply appreciate your efforts 💫

[@subhamsukhwal9975]

Very Helpful

[@DhruvCA_GAMER]

Thank u sir....

[@poojashah2758]

can inter students refer thiiiisssss ????????????????????????

[@aryav8068]

Sir, for STT paid, isnt that allowed only when the company is in the business of trading securities?

[@sachinpareek6571]

Non compete fees is allowed as expense confirmed by Atul sir…plz clarify sir

[@Triptisharma12]

The OG sheet ❤

[@aswinvijayakumar1464]

How is non compete fees an intangible asset? Its just an income u/s 28 ?

[@cayashkhandelwal]

Non comepte fees paid

[@aswinvijayakumar1464]

Oh thank you🤗

[@aditya-gy2gw]

Time stamp of this point?

[@tanishagrawal9528]

Sir, ek request hai, aap monetory limits ka koi PDF bna skte ho kya, jese 1 crore wala in TP and eq levy me 1 lakh wali ese

[@manav-Singh-mathur]

Valid for ca inter???

[@shashankmlrj]

Too many adjustments for CA inter (if I remember correctly not even half adjustments were there in ipcc)

[@piyalibhattacharya2153]

Amount paid to welfare trust add back kyu karte hai? Reason?

[@Afreen__119]

donations are not allowed

[@KRISHPANDEY20]

Anyone tell is ca inter student also refer this ?

[@Bibekkoirala01]

6:45

[@TejasviRana-y4c]

sir should i practice these for CA inter, is there any chance of such adjustments in CA inter

[@TheGoodquate21]

IS THIS RELEVANT FOR CA INTER?

[@UmeshBandike]

1:45

[@shreyagrawal17]

Sab kar lenge ❤

[@shrutishribharat5808]

Sir...pt.no.8 me Amount paid to Employee Welfare Trust ko disallow kyu krenge? plzzz explain

[@SureshKumar-ww6ib]

20:05 stt related to business hua tb hi na

[@Pranav-1003]

Allowed if shares securities held as stock in trade

[@RonakBoobana]

Sir isko khazana playlist me dal do
Also thanks for video❤

[@souravgupta1766]

Marking scheme kya hain institute ki for Pgbp mein

[@poojashah2758]

can inter students refer this ?

[@Harchatur14]

No

[@saurabhjalan1319]

Done sir

[@rutvikpatel007]

Please provide this sheet pdf

[@prateekgarg96]

waah Sirji Moj Kardi

[@Vishal.Choutmal]

Starts 2:02

[@Dineshyadav.18]

explain 7th adj

[@SD-uk9ph]

Sir khazana playlist me dalo ne ye

[@caaditbaxi]

#Sabkarlenge

[@SaimohanNagandla]

#Sabkarlenge 1111 ❤

[@SureshKumar-ww6ib]

Nice seen on 15 oct 24

[@RAHULJAIN-nj7no]

accha hai but kuch jyada hie badi sheet bana di is bar

[@annanyamishra7272]

12:50 Is restriction of 12% interest applicable on "Current A/c" of Partner?

[@cayashkhandelwal]

Yes

[@Triptisharma12]

Sir, Theory ka video provide kara dijiye at the earli3st.

[@cayashkhandelwal]

18th hoga beta vo marathon

[@pratikchidrewar5345]

Fod ke ayenge sir

[@SD-uk9ph]

Every minute of this video is superb

[@jeetendrakumarchaudhary7798]

Thank you sir 🙏

[@ganeshsharma8248]

Thanks a lot sir....

[@AllaboutMe99]

Thank you sir 😊😊😊