TMI BlogComputation of Profit Level Indicator (PLI), being, the Operating Profit/Total Cost (OP/TC) of the...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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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