Corporate restructuring
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 October 2012
why we adjust Non Trade In vestments while calculating Average profit
CA Sourabh Agarwal
(Expert)
06 October 2012
I assume that the use of such average profit is calculation of goodwill. Now goodwill in amount the cumulative future profits that is earned by previous background and core business.
Non Trade Investment does not represent your name of business and income earned thereon is not the result of core business operations and activities.
Non Trade Investment does not represent your name of business and income earned thereon is not the result of core business operations and activities.
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