what is Real life profit and loss and difference between accounting profit and real life profit and loss?
What is Real life profit and loss &diff. Accounting profit
sandeep gupta (Advocate) (82 Points)
30 December 2008sandeep gupta (Advocate) (82 Points)
30 December 2008what is Real life profit and loss and difference between accounting profit and real life profit and loss?
Prakash Popat
(3134 Points)
Replied 20 January 2009
1 is Operating Profit/Loss,2 is after adjusting statutory requiered adjustments,such as provisions for taxations,etc.........