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What is Mean By Defered Tax, How To Calculate?
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Answer / amin
deffered tax is the tax which is not currently paid by the
entity but which will be paid in the future.deffered tax is
calculated : difference b/w carrying amount and tax base is
called temporary difference on which deffered tax is paid.
| Is This Answer Correct ? | 25 Yes | 3 No |
Answer / moumita
Defered tax is similar as prepaid tax. The defered tax is
treated as Asset but it will be treated as expence in
relevent tax period
| Is This Answer Correct ? | 14 Yes | 14 No |
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