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Net profit
If one firm not included net profit of relevant previous year in to capital account of next financial year, then what is is the benefit of firm?
Replies (1)
What type of benefit ? No benefit .
it will be undistributed profit till it is transferred to Capital accounts.
But it's not permitted not to distribute profit.
it will be undistributed profit till it is transferred to Capital accounts.
But it's not permitted not to distribute profit.
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