Interested to Buy Any Domain ? << Click Here >> for more details...
What is Mean By Defered Tax, How To Calculate?
- 2 Answers
- 6046 Views
- TCS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / mohammed alfan (calicut)
Deferred tax assets represent taxes that have been paid (or
often the carryforward of losses) but which have not yet
flowed through the income statement. A deferred tax
liability represents tax payments that have appeared on the
income statement but not yet been paid. They usually arise
when accounting standards and tax authorities recognize the
timing of taxes due at different times. For example, when a
company uses accelerated depreciation when reporting to the
tax authority (to increase expense and lower tax payments
in the early years) but uses the straight-line method on
the financial statements.
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / kalapan janardhan dudhate
defered tax basically is difference in deprecation on fixed
assets as per companies act 1956 & income tax act 1961
this difference will be defered tax liability
Ragards,
kalpana
8828142221
| Is This Answer Correct ? | 3 Yes | 0 No |
How treat TDS & TCS in manual or Tally 9 softwere ?
what r the deductions from salary ?
wat is 80c Deductions?
if firm sales tax paid , under which ledger and subledger it would be posted? give brief information
Rent is 50000 and service tax is 6180 what is the tds amount?
Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?
Do companies pay exactly same amt of P.F (as employer's Contribution )as deducted from employee's salary Eg. employee's cont. 5000/- employer's cont. 5000/- is it
we are registerd dealer in delhi we are purchase some goods from unregisterd dealer pls. suggest me what type entry in my book for records . all pur. in cash
how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver
TDS Rate is applicable on Technical Testing & Analysis
Define FBT with example & how it can be calculate ?
How can a taxpayer get a refund for an overpayment of taxes?
Audit 
