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CA 466 Section 28

Meaning of net income.

Section 28

SEC. 28. Meaning of net income. — "Net income" means the gross income computed under section 29 less the deductions allowed by section 30.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER IV - Computation of Net Income →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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