Cash Profit
This query is : Resolved
Narayan Mahajan
(Querist)
15 May 2010
Whether Exceptional items (Loss by fir, prov. for dimunaion in value of current investment etc.) shall be added back for calculating Cash Profit ?
15 May 2010
yes they will be added back or deducted as the case may be..cash profit means which u relaised in the cash.
DEEPIKA GOEL
(Expert)
16 May 2010
I am completely agree with Nischint but if the exceptional item is going to affect the cash then it would not be added back and deducted while calculating cash profit.
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