The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the chances that your return will be audited.
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.16 = US$3.8b ÷ (US$33b - US$8.6b) (Based on the trailing twelve months to October 2024).
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Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...