(in this MCQ we cannot add the 5% interest to the profit and deduct the tax from it like what we do with debenture interest. ) MCQ4. XYZ Limited reported a net profit of Rs 50,00,000 for the year ended 31st December 2022. The company had 20 Lakh ordinary shares outstanding throughout the year. On 1st July 2022, XYZ issued Rs 30,00,000 of 5% convertible bonds of Rs 100 each convertible into 10 shares. The bonds were outstanding for the entire year, and XYZ pays tax at a rate of 25%. Calculate the diluted earnings per share (EPS) for the year ended 31st December 2022.

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Amount withdrawn from PF after completing 5 years of service is taxable or exempt? TDS has been deducted from the amount.