11-03-2011, 03:45 AM
Thanks for the help..Please correct me if i am wrong , as per my understanding after reading that post is
Net sales = Receipts from export+ Local sales
Cost of sale = Total cost
Gross revenue= Net sales-cost of sale
P&L expenses = Total expenses
Net income=
ADD Non admissible deductions
Expenses/costs required for Export of software
Partners salaries
Partner Allowances
Accounting depreciation
LessAdmissible deductions
Receipts from exports of software
Tax Depreciation
Total taxable income
Thanks!
o
Net sales = Receipts from export+ Local sales
Cost of sale = Total cost
Gross revenue= Net sales-cost of sale
P&L expenses = Total expenses
Net income=
ADD Non admissible deductions
Expenses/costs required for Export of software
Partners salaries
Partner Allowances
Accounting depreciation
LessAdmissible deductions
Receipts from exports of software
Tax Depreciation
Total taxable income
Thanks!
o