: Amit jain | : 2018-01-30 | :Reveal Answer
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: Mukesh | : 2017-12-06 | :Reveal Answer
Similarly, like the working capital exercise, the tax planning has to do on a monthly basis. A Profit & Loss statement with a combination of actuals till date and projections for the balance period will help determine the tax liability at the end of the period. Basis this you can plan for prepone /postpone the expense/income or look for other avenues of tax saving.
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