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Difference between Earnings and Net Profit

answered on 07-Jan-20 13:56

My query is: what is the difference between Net profit and Earnings? Out of earnings , dividend is distributed to shareholders and the rest is kept as reserves and surplus. Right? Please correct me if I am wrong.

latest answer

Earnings and profits are generally used synonymously. In the context of earnings per share, earnings means profits left after deducting dividend payment to preference share holders.

Kritika Kotiyal

CA Inter

★ 0

2

152

Gst

answered on 05-Jan-20 22:03

Where can i find pdf

latest answer

It will be updated in a couple of days.

chanti satish

CA Final

★ 190

1

129

Allowance

answered on 07-Jan-20 14:00

Is Deputation allowance taxable? Please provide section number also ( for Reference)

latest answer

If such allowance has been granted to meet additional expenses, then to the extent of expense, it will not be taxable.

MEHER PALAKURTI

CA Final

★ 70

5

165

Tax rates

answered on 05-Jan-20 22:05

The slab rate % is worng in table Pg No:7

latest answer

Updated file available now.

Gobi k

CA Inter

★ 6K+

3

107

LOGIN DETAILS

answered on 10-Feb-20 18:32

In Mobile App I login through Email and I checked on desktop its ask different login details I signup using same email I'd. Now I have a doubt if I purchased how can o see on desktop and mobile

latest answer

Resolved very quickly. Thank you

Nandakumar Chokkalingam

CA Inter

★ 0

5

127

Notes

answered on 02-Jan-20 17:33

Notes of income tax are not uploaded?

latest answer

Pls check now.

Vinita Punjabi

CA Inter

★ 0

1

123

Time value of money

answered on 26-Apr-20 07:37

If the difference between interest received by two persons A and B on the same sum of 1500 for 3 years Rs. 18. Then what is the difference between the two rates of interest

latest answer

Thank you so much sir

Mirjavalli Shaik

CA Foundation

★ 480

6

199

Time value of money

answered on 16-Jan-20 01:33

In how much time the S.I. on a certain sum becomes 0.125 times to its principle at 10% p.a. is

latest answer

Ans:- 12.50

Mirjavalli Shaik

CA Foundation

★ 480

2

119

Time value of money

answered on 24-Apr-20 09:11

Ram deposited 12000 in a bank at 10% per annum and remaining amount deposit in other bank at 20% per annum. if he received interest according to 14% per annum find the Ram's amount

latest answer

Insufficient information

Mirjavalli Shaik

CA Foundation

★ 480

2

122

Time value of money

answered on 02-Jan-20 11:01

1/7 of a money is deposited at 4% per annum , Â½ of a money deposited at 5% per annum and the remaining at the rate of 6%, then total interest gained 730 find deposit amount

latest answer

Assume total Amount is X. Find out interest for 1/7th of X, 1/2 of X and balance amount. Total is 730. Frame an equation and solve it.

Mirjavalli Shaik

CA Foundation

★ 480

1

141