Advance Income Tax
This query is : Resolved
11 March 2010
Hi,
My query is"should i consider gain due to exchange fluctuation in calculating profit for the purpose of Advance Income Tax"
Thank u
My query is"should i consider gain due to exchange fluctuation in calculating profit for the purpose of Advance Income Tax"
Thank u
11 March 2010
Yes, as advance tax is to be calculated on assessed tax we must take into account the same.
11 March 2010
AGREE.
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