Income Tax Qurries

[shakilicma76]

Dear All,

I am unable to understand following, please discuss following questions, thanks.

Q1. What is the affect "the payment by cash" while calculating company taxable income?

Q2. Financial charges is inadmissible expense but rental payment is total admissible. Discuss why?

Q3. Any payment based on profit is inadmissible. Why?

Q4. Capital Gain on sale of the shares of private company sold 12 months, what is treatment while calculating taxable income of company?

Q5. Research Lab Equipment, I am confused while calculating taxable income income of a companies? Capitalized or not?

I mentioned here 5 question at once so save time.

Thanks