Net profit for company
Nihit Mehrotra (Chartered Accountant) (75 Points)
20 July 2016
Dear Al,,
Can anyone enumerate ways to lower down income(net profit) of a company for tax purposes?
2 Replies
CA Rohit Jain
(Practice)
(1865 Points)
Replied 20 July 2016
You can charge additional depreciation on new machines.
Nihit Mehrotra
(Chartered Accountant)
(75 Points)
Replied 20 July 2016
Thank uh sir
Any other ways for the same question...thank you
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