08 December 2010
1.) No dear its wrong treatment as per Accounting standard.it should be t/f to P& L a/c 2)You will follow Presumptive Rate Taxation. 3.)Yes 4.) plz elaborate it
08 December 2010
1) such profie credited in P & L... 2) i dnt remember the section properly, but such tea, rubber, coffee industries profits r not purely agriculture.., but considered as business profit...
CAclubindia
