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Advance tax

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(Querist)
01 November 2013 what is treatment of advance tax in cash flow??
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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
03 November 2013 it is cash outflow from operation
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Rahul Singhania

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Rahul Singhania (Expert)
03 November 2013 Cash Flow from Operation = Cash Generated from operation - Tax paid
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