08-24-2010, 07:50 AM
in the financial statement of an AOP the following appear under the head other incomes..
1) accounting profit on disposal of fixed assets
2) reversal of provisions of doubtful debt pertaining to the previous year
3) dividend recvd from a listed company
4) profit on debt
now i m required to explain with the reason as to how the above items will be treated in the computation of taxable income S
1) accounting profit on disposal of fixed assets
2) reversal of provisions of doubtful debt pertaining to the previous year
3) dividend recvd from a listed company
4) profit on debt
now i m required to explain with the reason as to how the above items will be treated in the computation of taxable income S
