BUY COURSES
APP 1FIN
FORUMS
FREE RESOURCES
Forums
Sir here why interest on capital is not deducted for 3 years .also salary is deducted from avg.profit only for 1 year But that avg. Profit is for 3 years . So we should also reduce interest and remuneration for 3 years right ??
Attachments
IMG_20201027_200816.jpg
IMG_20201027_201213.jpg
Sri kanaga Varshini
CA Inter
★ 2K+
27-Oct-20 20:13
17
Answers (2)
Average is per year. So when you deduct from average, it is to be for 1year
Suraj Lakhotia
Admin
28-Oct-20 13:01
Ok sir
28-Oct-20 13:04
