Calculation of tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2013
Firm:
Whether Tax is to be calculated on net profit before Appropriation or after appropriation for Partnership Firms?
Whether Tax is to be calculated on net profit before Appropriation or after appropriation for Partnership Firms?
22 June 2013
in my view tax is to be calculated on net profit before appropriations because appropriation are out of profit
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