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balancing allowance

This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.

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March 2, 2021 at 4:58 pm #612733
Jiya024
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sir even if the after-tax value for realisable value is given in reducing balancing method, we do take the balancing charge or allowance at end right?
March 2, 2021 at 5:10 pm #612736
John Moffat
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Yes 🙂
“‘After-tax” simply refers to any other taxes that might be applicable (but if there are any others then they are not examinable in Paper AFM anyway 🙂 )
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