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respectfull sir i m facing problem in upper and lower limit used for CTL as i have learnd in kaplan book that it shod only be divided by the number of associate CO….
but when i was practecing kit i saw in question no 56 arable ltd that upper limit was divide by no of associate co and then also time proportionated for 9 month period…then that confused me….Hello kashif welcome to constitute a topic that ur problem of answer in ur question is that it may apportioned due to various statement that is overlapping of period or chargeable accounting period or continuation cease to exist I suggest read question very carefully with dates specify in question and then answer will be in your hand
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