CMA Inter Direct Tax Practice Batch | L4 PGBP | Dec 2026 | CA Pranav Chandak

Master PGBP (Profits and Gains of Business or Profession) for the CMA Intermediate December 2026 Examination with CA Pranav Chandak. In this session, we cover PGBP under Income Tax through detailed concept revision and extensive exam-oriented practical question solving. This lecture is specially designed for students preparing for CMA Inter Direct Tax (DT) Dec 2026. PGBP is one of the most important and practical chapters of CMA Intermediate Direct Tax. Understanding which business expenses are allowed or disallowed, depreciation provisions and important adjustments is essential for solving PGBP questions correctly in the examination. 📚 Topics Covered: ✅ Meaning of Business & Profession ✅ Basis of Charge under PGBP ✅ Computation of Income from Business or Profession ✅ General Principles of Allowable Business Expenses ✅ Expenses Expressly Allowed ✅ Expenses Expressly Disallowed ✅ Admissible & Inadmissible Expenses ✅ Depreciation under Income Tax ✅ Block of Assets ✅ Additional Depreciation ✅ Actual Cost & Written Down Value (WDV) ✅ Scientific Research Expenditure ✅ Preliminary Expenses ✅ Bad Debts & Provision for Bad Debts ✅ Interest & Other Business Expenditure ✅ Cash Payments & Disallowances ✅ Payments to Related Parties ✅ Expenses Allowed on Actual Payment Basis ✅ Treatment of Personal & Capital Expenses ✅ Important Adjustments in PGBP ✅ Computation of Taxable Business Income ✅ Important Practical & Exam-Oriented Questions ✅ PYQs • MTPs • Workbook Questions • MCQs 📖 DT Master Book: 📘 DT Rankers Question Bank: This session is part of the CMA Inter DT Practice Batch on the Pranav Chandak Academy YouTube Channel. Subscribe to Pranav Chandak Academy for complete CMA Inter Direct Tax / Income Tax preparation, revision sessions, practice questions and exam-oriented practice. #CMAInter #DirectTax #IncomeTax #CMAInterDT #CMAInterDirectTax #CMAInterDec2026 #DTPracticeBatch #IncomeTaxCMAInter #CAPranavChandak #PranavChandakAcad 𝔽𝕚𝕝𝕝 𝔾𝕠𝕠𝕘𝕝𝕖 𝕗𝕠𝕣𝕞 𝕥𝕠 𝕘𝕖𝕥 𝔽𝕣𝕖𝕖 ℕ𝕠𝕥𝕖𝕤: 𝕁𝕠𝕚𝕟 𝔽𝕣𝕖𝕖 𝕎𝕙𝕒𝕥𝕤𝕒𝕡𝕡 𝔾𝕣𝕠𝕦𝕡 ℂ𝕠𝕟𝕟𝕖𝕔𝕥 𝕨𝕚𝕥𝕙 ℙℂ𝔸 📱 Office Numbers: 💻 Email ID: pcapune1@ 🌍 Website: 📲 Download PCA App: 𝔸𝕝𝕝 ℙℂ𝔸 ℙ𝕝𝕒𝕥𝕗𝕠𝕣𝕞𝕤 📢 Telegram Channel: 📸 Instagram: 🐦 X: 🌍 Website: 💙 PCA Fam Club: 📲 Download PCA App: ℍ𝕖𝕒𝕕 𝕆𝕗𝕗𝕚𝕔𝕖 𝔸𝕕𝕕𝕣𝕖𝕤𝕤 Office No. 23, 1st Floor, Mantra Essence Commercial Complex, Jagdamba Bhawan Marg, Pisoli, Undri, Pune, Maharashtra - 411060