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Sri Lanka camps a `national disgrace`
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slmate
Joined: Aug 2008
Posts: 818
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 		LK Information  12 Jun 2009 19:30:19 GMT  Report for Abuse  
When there is a profit of abt 10 crores, people buy property worth abt 8 crores thru loans from the banks thereby reducing the PAT to be paid to the Govt.

This is the std procedure used by companies to show less Profit if they deem to ...


Now this is getting into hilarious proportions..
When you buy property, your cash balance goes down and the property balance goes up..
One asset goes down and another asset goes up..
There is absoloutely no impact to the profit..
The only thing that affect the profits with relation to property is the depreciation..

Now I think you better consult sombody who has bit of accountancy knowledge before commenting further..

You are rediculing your self into big proportions..
Sha01
Joined: Apr 2009
Posts: 469
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 		LK Information  12 Jun 2009 19:31:26 GMT  Report for Abuse  
CG

Will india pull it off?

Just need one good over...
newwest
Joined: Apr 2006
Posts: 453
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 		LK Information  12 Jun 2009 19:31:32 GMT  Report for Abuse  
PrinceXX
Joined: Oct 2008
Posts: 6853
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9 Jun 2009 19:15:13 GMT Report for Abuse
Dont tempt me. You know they look damn good.

Oh MrBrown c'mon.. just do it. :):):):):)


this pathatic loser wanted to see the picture of groovygirl.

ha ha losser with girls
MaKaSo
Senior Member
Joined: Feb 2006
Posts: 7751
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 		LK Information  12 Jun 2009 19:32:00 GMT  Report for Abuse  
Hindia kanawa wage!
PrinceXX
Joined: Oct 2008
Posts: 7034
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 		LK Information  12 Jun 2009 19:33:50 GMT  Report for Abuse  
Newwest the biggest MOOTAN in LNP from today. :)
newwest
Joined: Apr 2006
Posts: 453
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 		LK Information  12 Jun 2009 19:33:57 GMT  Report for Abuse  
Sha01,
what did you used to call the sport 'Prince the loser' loves to play
Sha01
Joined: Apr 2009
Posts: 469
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 		LK Information  12 Jun 2009 19:34:14 GMT  Report for Abuse  
Does any have link for the match...
PrinceXX
Joined: Oct 2008
Posts: 7034
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 		LK Information  12 Jun 2009 19:34:23 GMT  Report for Abuse  
Newwest Donkey said we should not talk about India here. Hooooooo hooooo what a loser.

Edited By - PrinceXX - 12 Jun 2009 19:35:49 GMT
slmate
Joined: Aug 2008
Posts: 818
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 		LK Information  12 Jun 2009 19:34:47 GMT  Report for Abuse  
OMG chennai..

reducing the PAT to be paid to the Govt.


PAT means profit after tax..
That is the proft you retain after paying tax to the government..
You don pay PAT to the government as you think..

Edited By - slmate - 12 Jun 2009 19:36:11 GMT
newwest
Joined: Apr 2006
Posts: 453
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 		LK Information  12 Jun 2009 19:35:04 GMT  Report for Abuse  
Princexx favorit song.

http://www.youtube.com/watch?v=gS8vqgLTKvQ
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