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Accountancy Forum The Profession Tax v
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net income

 
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net income
suleman sheikh
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#1
01-26-2011, 09:27 PM
an aop has 2846627 gross profit
its admin selling n gen exp = 1913215
financial charges = 1004602

deletion of land
cost 122532 (total land 1252550)
sales proceeds 776249
deletion of building
cost 210550 (total building 2152290)
sales proceeds 2526773

accounting depreciation 537573
financial charges lease 308538
tax depreciation 211931
lease rental paid during the year 956808

i want to calculate its net income
please help meeeeeeeeeeeeee



suleman sheikh
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#2
01-26-2011, 09:36 PM
no reply ......................(
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