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Sir, why do we subtract this investment in new NCA?(additions) We treat it as a cash outflow, right?
I don’t understand the part of the question saying that the company depreciation policy matches the currently available tax write off for capital allowance. Can you please explain how we should deal with that,
I would appreciate your reply
Sir,
Why do we deduct inv in working capital, non current assets and inv in new project from PAT, after tax calculation? I wanted to deduct it from operating profit and calculate tax after that. I would appreciate your clarification
