Interested to Buy Any Domain ? << Click Here >> for more details...
What is Mean By Defered Tax, How To Calculate?
- 2 Answers
- 5998 Views
- TCS, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
Rules for filling Income Tax return for a MNC?
Dear Sir/Mam Please send me a return under delhi vat for learning purpose Thank & Regards Sonu Kumar
What is tha Central sales tax rate 2010 in andhrapradesh
treatment of Service tax and TDS
What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19
In TDS Challan, i had written the TAN No of my company wrongly and i file it to the Govt. what can i do now? is there any problem reg this? wat is my next step? shall i give any letter to TDS Circle in this regarding? how can i approach them? Kindly help me immdly with the procedure.
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
What is the difference between the excise duty and the sales tax?
Explain deferred tax asset?
which is the first liability for pay Service Tax to GOvt
should pranav mukherjee has done things good, by giving burden to vodafone a huge tax liabilty.....it will not affect our fdi???
IF ANY PROPRITER SAID THAT DON'T DEDUCT TDS OF HIM BECAUSE IT IS NOT PARTNERSHIP FIRM THEN WHAT SHOULD COMPANY DOES?
Explain the Calculation of Sales Tax?
what is the ct-1 sale? if ct-1 bond is misplaced what is the procedure for applying for new bond.
If we are placing the order in amazon on behalf of the customer who is ordered from other e-commerce sites and the goods is directly billed to the customer address from the amazon sellers and for the same we are receiving some profit at that in our books of account what entries need to be passed...?? do i eligible to get the ITC on the GST amount paid..??
