10 COMPANY

rahul (CA Final student) (76 Points)

04 November 2007  

HI ALL

SINCE 10 B CO'S EXPORT INCOME IS EXEMPT FROM TAX

WHAT DIFFERENCE DOES IT MAKE BY NOT DEDUCTING TAX ON RENT,PROF.FEES ETC SINCE IT'LL BE ADDED BACK TO ITS INCOME WHILE COMPUTING TOTAL INCOME & THEN EXEMPT FROM TAX...

PLS CORRECT  ME IF M WRONG...