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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 ??

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Sri kanaga Varshini

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

Suraj Lakhotia

Admin

28-Oct-20 13:01

Ok sir


Sri kanaga Varshini

Sri kanaga Varshini

CA Inter

2K+

28-Oct-20 13:04

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