El Fili Company Started Operations On January 1 2025 At The End Of The First Year Of Operations El Fili Company Reported Pre Tax Income Of P5000000 An Analysis Of The Components Included In This Computation Was A P250000 Non Taxable Revenue And Installment Sales Of P900000 Of Which P400000 Remained Uncollected Due March 15 2026 For Tax Purposes Income From Installment Sales Is Taxable Only When Cash Is Collected The Enacted Tax Rates For 2025 And Future Years Is 30 A Taxable Income B Income Tax Expense Current C Income Tax Expense Benefit Deferred in ISABELA
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