Calculation of avg profit
This query is : Open
harshit gupta
(Querist)
05 April 2017
profit for year :
2011- 10lacs
2012- -12 lacs
2013- 15 lacs
for calculating avg net profit of 3 preceding years will we consider -12 lacs. please tell the calculation.
2011- 10lacs
2012- -12 lacs
2013- 15 lacs
for calculating avg net profit of 3 preceding years will we consider -12 lacs. please tell the calculation.
CA Gopal Somani
(Expert)
05 April 2017
Well, it depends what was the reason for the loss, If something abnormal happened during that year then it can't be considered.
Is this calculation for Valuation of Goodwill ?
Is this calculation for Valuation of Goodwill ?
harshit gupta
(Querist)
06 April 2017
While computing limit of contribution to political party we take avg net profit * 7.5%. Please explain in that reference.
harshit gupta
(Querist)
06 April 2017
Please somebody clear this point.
harshit gupta
(Querist)
26 April 2017
Kisi ko Ni pta kya kaise krni hai calculation
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