Hello, Sir
I am confused about one thing : in one place, I saw tax allowable depreciation deducted net cash inflows to arrive at taxable profits, and after that, added back to the profits, and in another example, tax allowable depreciation was multiplied by tax rate, and added after the tax payment as a tax saving. Can you please explain the difference?
Thanks in advance
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Tax allowable depreciation
There is no difference - either approach will give the same answer.
Have you watched our free lectures on this?
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