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Rent on machinery receipts

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(Querist)
07 February 2022 Can you please help me out whether receipts in the form of rent on machinery by a construction firm will be shown in arriving at the gross profit or net profit?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
07 February 2022 Total rental income will be gross profit.

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