abhishreshthaa
Abhijeet S
NET PROFIT
The Net profit is arrived at after :
i) Provisions for income tax and wealth tax in accordance with statutory requirements.
ii) Provisions on advances / investments.
iii) Adjustments to the value of investments.
iv) Transfers to provisions and contingencies.
v) Provisions for inter Branch accounts lying unadjusted for more than six months as per RBI norms.
vi) Other usual and necessary provisions.
The Net profit is arrived at after :
i) Provisions for income tax and wealth tax in accordance with statutory requirements.
ii) Provisions on advances / investments.
iii) Adjustments to the value of investments.
iv) Transfers to provisions and contingencies.
v) Provisions for inter Branch accounts lying unadjusted for more than six months as per RBI norms.
vi) Other usual and necessary provisions.