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Sir while calculating Eva why r they calculating tax on profit 819 should they calculate tax on profit left after adjustment of depreciation and non cash item.
Please help.
ThanksTax is calculated on the operating profit which is after tax allowable depreciation and after non-cash expenses. That is how tax is normally calculated and this is how it has been calculated here.
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Sir, in this question, examiner is using 2012 capital employed instead of 2013. Why he is doing that. Waiting for reply. Thanks
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