Difference between profit before taxes & profit after taxes

Mukeshh Agarwal (E-solutions) (129 Points)

17 January 2012  

Hi everyone !

Please ellaborate about the difference between PROFIT BEFORE TAXES & PROFIT AFTER TAXES

 

Say XYZ ( Construction company)

Sales / Revenue :100

Direct Cost :40

Indirect cost :30

Gross Profit : 60

Net profit : 30

(please note that Tax has been already deducted in form of TDS, hence tax liability doesnot exist)

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So, what should be my PROFIT BEFORE TAX & PROFIT AFTER TAX

 

Thanks in advance...