Dear All
Q1. Hw to calculate net woth for a prop. firm ? whether to consider Capital a/c / no.
Q2. Incase of PAT do we hv to deduct interest U/s 234 ABC & TDS.
plz reply immediately
thnx
HOW TO COMPUTE THE LOSS OF PAY
MONTHLY SALARY 10000
WEEK OFF AND CASUAL LEAVES 5
EXTRA LEAVES TAKEN 2
TOTAL DAYS IN A MONTH 30
DAYS PRESENT 23
WHETHER THE LOSS OF PAY SHALL BE COMPUTED AS PER A OR B STATED BELOW
A. LOSS OF PAY FOR 2 DAYS : = 10000/30*2
= 666.7
OR
B.LOSS OF PAY FOR 2 DAYS : = 1OOOO/25*2
= 800
PLEASE ANSWER THIS ITS URGENT
THANKS IN ADVANCE
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