Computation of Profit Level Indicator (PLI), being, the ...

Operating Profit Calculation: Bad Debts and Non-Recoverable Advances Treated as Operating Costs under Tax Rules.

September 4, 2015

Case Laws Income Tax AT

Computation of Profit Level Indicator (PLI), being, the Operating Profit/Total Cost (OP/TC) of the assessee -Like debts becoming bad from the sale of goods assuming the character of operating cost, the advances given in relation to trading items, becoming non-recoverable, also cannot be considered as anything other than an item of operating cost - AT

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Computation of Profit Level Indicator (PLI), being, the ...

Operating Profit Calculation: Bad Debts and Non-Recoverable Advances Treated as Operating Costs under Tax Rules.

September 4, 2015

Case Laws Income Tax AT

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