@extends(!$download ? 'layouts.app' : 'layouts.app_with_out_nav') @section('script') @endsection @section('content')
@if(!$download) @endif
{{ __('Unrealised Capital Gain Loss') }}
@if(!$download) @endif
{{$companyDetails->taxpayer}} T.R.NO : {{($companyDetails->tax_registration_number)}} From Date: {{date('d-M-Y',strtotime(@$trialBalanceDetails->from))}} To Date: {{date('d-M-Y',strtotime(@$trialBalanceDetails->to))}}
@if($arrayUnrealisedLoss) @foreach($arrayUnrealisedLoss->add_unrealised_losses_op1 as $unrealiseLossesOp1) @endforeach @endif @if($arrayUnrealisedLoss) @foreach($arrayUnrealisedLoss->less_unrealised_gain_capital_op1 as $unrealiseLossesOp1) @endforeach @endif @if($arrayUnrealisedLoss) @foreach($arrayUnrealisedLoss->add_unrealised_losses_op2 as $unrealiseLossesOp1) @endforeach @endif @if($arrayUnrealisedLoss) @foreach($arrayUnrealisedLoss->less_unrealised_gain_capital_op2 as $unrealiseLossesOp1) @endforeach @endif
Fair value accounting and capital asset adjustments Comparison
Option 1 : (Realisation basis for assess & liabilities held on capital & revenue account) Income Tax
Net accounting profit/(loss) before tax
Add / (Less) : Adjustments
Add : Unrealised losses on revenue items {{$unrealiseLossesOp1}}
Add : Unrealised losses on revenue items
Less : Unrealised gains on capital items {{$unrealiseLossesOp1}}
Less : Unrealised gains on capital items
Taxable Income after adjustments
Less : Tax losses relief
Final Taxable Income
Less : Exemption threshold
Balance Taxable Income
Corporate Tax payable under Option 1
Option 2 (Realisation basis for assets & liabilities held on capital account only)
Add / (Less) : Adjustments
Add : Unrealised losses on revenue items {{$unrealiseLossesOp1}}
Add : Unrealised losses
Less : Unrealised gains on capital items {{$unrealiseLossesOp1}}
Less : Unrealised gains on capital items
Taxable Income after adjustments
Less : Tax losses relief
Final Taxable Income
Less : Exemption threshold
Balance Taxable Income
Corporate Tax payable under Option 2

In the given scenario, option 2 seems to be more beneficial as compared to option

Tax savings if opted for option 2 = 1350

@endsection