Valuation of shares

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CA FINAL STUDENT
257 Points Posted on 28 September 2013

In chapter valuation of shares tax rate is not given and profit after tax is given then what to do?

assume tax rate or ignore tax?

in some classes Professor said assume tax rate and another professor said ignore tax.

practice manual has ignored tax in this situation

what to do in exam?
 

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On 28 September 2013 at 19:55 Report
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chhaya
60 Points Posted on 28 September 2013
Ignore tax rate. Becuz there are given proffit after tax rate... we hv no need to tax rate so ignore it
1 Reply
On 28 September 2013 at 20:02

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