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Sonam (NSE:SONAMLTD) Tax Expense : ₹18.9 Mil (TTM As of Mar. 2024)


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What is Sonam Tax Expense?

Sonam's tax expense for the six months ended in Mar. 2024 was ₹18.9 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹18.9 Mil.


Sonam Tax Expense Historical Data

The historical data trend for Sonam'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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Sonam Tax Expense Chart

Sonam Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.64 8.62 7.90 8.81 18.94

Sonam Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.64 8.62 7.90 8.81 18.94

Sonam 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Tax Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹18.9 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.


Sonam  (NSE:SONAMLTD) 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.


Sonam Tax Expense Related Terms

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Sonam Business Description

Traded in Other Exchanges
N/A
Address
Morbi Rajkot Highway, Survey No. 337/p, District Morbi, Village Lajai, Taluka Tankara, Rajkot, GJ, IND, 363 641
Sonam Ltd Formerly Sonam Clock Ltd operates in the clock manufacturing industry. The company is engaged in the Manufacturing and Sale of Horological items, Clocks, Clock Movements, and related items. Geographically, it operates only in India. Some of its products include alarm timepiece clocks, classy dial clocks, designer clocks, divine tune clocks, LCD clocks, LED digital clocks, light sensor clocks, and others. Its products are sold under the brand names of Sonam, ampm, and Lotus.

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