Tax Adjusted Trading profit

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

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September 6, 2021 at 6:28 pm #634626
nandinikalpesh98
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what is allowed and what is disallowed?

allowed means we have to deduct or it is 0?
disallowed means? add or deduct or 0?
September 7, 2021 at 2:08 pm #634731
mrjonbain
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I would consider the context and logic for each instance but in general add disallowed expenditure and deduct allowed from profit and loss that is unadjusted. Hope this helps.
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