Rule 9
Net Income Of A Petroleum Industry
9. Net Income of a Petroleum Industry:
The net income of a Petroleum Industry shall be computed for each Accounting Period by deducting from
gross income under Rule 8 Current Operating Costs, Capital Costs at rated of depreciation under Rule 10, and accumulated losses from past Accounting Periods under Rule 11
The net income of a Petroleum Industry shall be computed for each Accounting Period by deducting from
gross income under Rule 8 Current Operating Costs, Capital Costs at rated of depreciation under Rule 10, and accumulated losses from past Accounting Periods under Rule 11