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
What doyou mean by assesment order? and for what purpose it will be passed?
How To Calculate Gross Sales for vat return -15
WHAT IS TAXATION?
I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.
How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.
what are accounting principles
what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom
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.
Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.
What do you understand by dissolution of firm?
when charges PURCHASE @ 12 % TAX RATE ?
how to generate H-form and procedure for generate?
what is tax avoiding?
in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?
Can I know the full description about capital and revenue in nature? and also the expenses that allowed for tax and not allowed for tax?