In the case abovementioned ITAT Delhi deleted addition after considering that the same was made by rejecting cash book and cash flow chart without bringing any new material on record.
(Gain) Loss on Sale of Investments 0.8 (0.2) 1.7 Asset Writedown & Restruc. Costs 0.4 0.2 0.0 Other Operating Activities (1.3) 6.6 7.1 Change In Accounts Receivable (2.9) (23.0) 2.1 Change In ...
In the previous installments of AAII’s Financial Statement Analysis series, I discussed the three most commonly used financial statements—the income statement, balance sheet and cash flow statement.