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Mega Flex Plastics (NSE:MEGAFLEX) Tax Expense : ₹3.5 Mil (TTM As of Sep. 2024)


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What is Mega Flex Plastics Tax Expense?

Mega Flex Plastics's tax expense for the months ended in Sep. 2024 was ₹0.7 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹3.5 Mil.


Mega Flex Plastics Tax Expense Historical Data

The historical data trend for Mega Flex Plastics's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mega Flex Plastics Tax Expense Chart

Mega Flex Plastics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Tax Expense
6.30 9.19 10.49 7.82 2.84

Mega Flex Plastics Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Tax Expense Get a 7-Day Free Trial Premium Member Only 2.70 5.12 - 2.84 0.70

Mega Flex Plastics Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹3.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mega Flex Plastics  (NSE:MEGAFLEX) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Mega Flex Plastics Tax Expense Related Terms

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Mega Flex Plastics Business Description

Traded in Other Exchanges
N/A
Address
4, Ho Chi Minh Sarani, Suite-2A, 2nd Floor, Kolkata, WB, IND, 700071
Mega Flex Plastics Ltd is engaged in manufacturing Leno Bags which are used for packaging agricultural products like potatoes, onions, garlic, coconuts, fruits, and vegetables. The company is also manufacturing Woven Fabric and Sutli (Fibrillated Twisted Thread). The company is also engaged in trading Polypropylene Granules. The company is currently engaged in single-segment business through various distributors and brand names such as Gold Flex, Leno Flex, Tiger, Tiranga, Kisan, and Phantom.

Mega Flex Plastics Headlines

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