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Tax can be shown in operating, …

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Tax can be shown in operating, investing, financing activity.when? Asked in practical

Posted by Aakash Vats 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Roma Yadav 6 years, 10 months ago

Income tax will only shown in operating activity.... If addtional information regarding tax is not given then closing tax will be added in net profit before tax and extraordinary item and opening will be deducted from cash generated from operating activity .. Hope answer will help you

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