Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Under what circumstances Deferred Tax Liability or Deferred
Tax Assets entries to be passed ? or what is the advantage
by passing the above entries ? How the above entries to be
nullified / reversed ( with examples please )

Answer Posted / rajesh

deferred tax liability passed when company calculated
depreciation as per company act. and income tax calculated
as per income tax act. this difference called D.T.L.

Advantage this is safe area to show high profit.

Is This Answer Correct ?    0 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to calculate tax for the income earners

2311


Define assessment year.

1249


Explain the procedure to calculate provident fund, esi, vat and sales tax.

1245


i paid tds through my bank account but i entered the assessment year as 2010-11(the current year) instead of 2011-12(actual assessment year). what is the remedy for this. how do i get refund for the wrongly paid sum. or is there any way to currect the assessment year?

2216


What do you understand by dissolution of firm?

1194


what is excise duty and how can we mantain its account in outgoing and incoming of bill status.

2035


How should the personal assets of a salaried employee be shown in his books of accounts ?

1749


Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?

2158


sir, can you give me clarification briefly how to capitalized and which one capitalized

2204


when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com

2131


HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.

2256


i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.

2203


send me all current year taxation such that rates and exemptions or on which web site i have to prefer

2017


what is the objective of business taxation in private company?

2538


We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.

2131