Profit Available for Appropriation

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 June 2011 Company has accumulated loss of 4.5 crores. I has made a book profit after taxes for current year of rs 9.15 crores. What will be the profits available for appropriation? will it be 9.15 crores or 9.15 less accumulated losses of 4.5 crores?

14 June 2011 After accumulated loss deduction



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