Yilandwe Jun 15

Here in setting up cash flows in the model answer depreciation has been deducted to get taxable profit. Than the loss has been carried forward , tax calcualted and re adjsutment have been done.
Sir I usually dont deduct depreciation instead I calculate tax saving. Am I right that this way I will not get the same answer because of this carry forward loss. I was trying out with figures but didn’t get model answer.

I dont get year 3 figure

Thank you 🙂