Capital investment amount correct

This query is : Resolved

Kollipara Sundaraiah (Querist)
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27 December 2023 Sir,
It assessess last year's income tax filing details mentioned below
5 years total income rs:32,50,000/-
5 years total expenses rs:12,50,000/-
Question:
Assessess capital investment amount rs:32,50,000/- minus rs:12,50,000/- =rs:20 lacs amount correct.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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16 January 2024 Income differs from Capital Investment. Capital investment is the acquisition of physical assets by a company for use in furthering its long-term business goals and objectives.

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