Treatment of interest on investments when we calculate of tax

349 views 1 replies

When as a company we receive interest on investments,

We first give tax on profit(not including int on investments) and then add interest on investments

Or

We add the interest on investments, then we have total profit on which we give tax

I'm in Bcom sem 4 and we have given here tax deducted after excluding interest on investments.

I'm confused.

Replies (1)
Actually tax is paid on all income inlcluding income feom investment.

But while calculating value of goodwill we will take profit excluding income from investment becaue there is no goodwill in such income.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details