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Kishan Packaging earlier was operating with just 10 employees, but due to increasing demand and expansion of the business it now has several departments employing around more than 200 employees. As a result, they have created different management levels within the organization for better and seamless happening of organization activities. While discussing the creation of levels, one of the chief officers of the organization was curious to know how these levels would be interlinked and the relationship between them. You are required to provide the explanation to the chief officer in respect of his concern

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ABC limited reported 85000rs as per tax profit in 1st quarter & expects 25000rs as loss in subsequent quarters. It's corporate tax slab rate is 20% on first 20000rs and for additional earnings it's 40%. Calculate tax expense to be reported in 1st quarter. This is the options: 1. RS.17000 2. RS. 30000 3. RS. 2000 Can anyone give me the answer with workings?