when Deferred Tax Asset & Deferred tax liability arises?
Answer Posted / v.mohan
deferred tax means it is a timing difference between the
companies and income tax act.
Deferred tax liability arise when the It act Depreciation
higher than the companies act depreciation.
Deferred tax Asset arise when the It act Depreciation
lesser than the companies act depreciation.
Is This Answer Correct ? | 837 Yes | 123 No |
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