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What id The Differed Tax Liablity

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What id The Differed Tax Liablity..

Answer / digant

Differed Tax Liability is recognized for temporary
difference that will result in future years. e.g a temporary
difference is created between the depreciation as per income
tax rules & counted as per co.law rates of dep. rates,
higher depreciation claimed as expenses in financial statements

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What id The Differed Tax Liablity..

Answer / satish

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Is This Answer Correct ?    1 Yes 15 No

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