profit loss and discount Because economists understand earnings as actual material wealth increase, accounting experts think the output value of more than the difference between the input value is profits, there is a contradiction and two kinds of income concept. The specific performance is: 5. Accounting earnings depend on the reasonable proportion of income and expenses during the period. Costs that are not associated with the current period should be incurred as assets to be transferred for later periods. Sometimes when we're driving, we suddenly smell gasoline in the car, and then we get nervous. What's wrong with that? I'm sure there are a lot of drivers out there. Here's an analysis of why there's gasoline in the car. India's top tax authority is expanding its probe into bitcoin investments and transactions, and last week visited at least nine bitcoin exchanges across the country. At that time, there have been reports, tax authorities suspect there is tax evasion in this field, has started "investigation", in order to make clear the status of investors and traders and trading, the related bank account holder's identity and other details.