Q: Tramont – Dec 2011

This topic has 1 reply, 2 voices, and was last updated 11 years ago by John Moffat.

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May 30, 2015 at 8:14 pm #250752
uuuu
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Sir,

In the above subject question why the TAD is not added back after calculating Tax.

Kindly explain.
May 31, 2015 at 10:26 am #250869
John Moffat
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In the main cash flow table, depreciation has not been subtracted and therefore does not need adding back!!

(It has only been subtracted in the workings to arrive at the tax flow)
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