27 September 2011
Even, in the case of taxes paid, if u can allocate the direct tax to the investing activty or any of the financing activity , u can allocate the tax in investing and financing activity also, like tax paid on receipt of Interest on debentures, tax paid on other interest income
27 September 2011
Also the deffered tax asset/ laibility created affets the part of the profit so it much be added or deducted in getting the cash from operation before working capital changes
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