27 December 2023
Sir, It assessess last year's income tax filing details mentioned below 5 years total income rs:32,50,000/- 5 years total expenses rs:12,50,000/- Question: Assessess capital investment amount rs:32,50,000/- minus rs:12,50,000/- =rs:20 lacs amount correct.
16 January 2024
Income differs from Capital Investment. Capital investment is the acquisition of physical assets by a company for use in furthering its long-term business goals and objectives.
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