Cash flow from operating activities

Accountancy

Sir is my solution on arriving at Cash flow from operating activities correct in the below question?

Venkateshwara Prabhu

CA Inter

★ 16K+

20-Mar-23 12:39

456

Answers (1)

Income tax refund is credited to P&L, this also needs to be adjusted to arrive at Profit Before Tax. YOu should show tax refund seaparately as an addition.

CA Suraj Lakhotia

Admin

27-Mar-23 19:07