Hiee I wanted to know that while preparing computation of income from business and profession we start as per Net Profit as per Profit & Loss A./c
I wanted to know that the profit should be before tax or after tax
Alex Fernandes (PCC STUDENT) (186 Points)
22 September 2009Hiee I wanted to know that while preparing computation of income from business and profession we start as per Net Profit as per Profit & Loss A./c
I wanted to know that the profit should be before tax or after tax
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 22 September 2009
Net Profit before Tax while taking the NET PROFIT AS PER P&L A/C to COMPUTATION OF INCOME U/H BUSINESS & PROFESSION.
VARUN
(PCC STUDENT)
(523 Points)
Replied 22 September 2009
Net Profit beforeTax will be taken into consideration ...
Krutesh Patel
(ACA)
(727 Points)
Replied 22 September 2009
Profit Before Tax to be taken for computation