when Deferred Tax Asset & Deferred tax liability arises?

Answer Posted / shimalibish

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 ?    9 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain tangible assets?

657


why auditors are not true and faire statement of account

1793


Explain the purpose of meeting in audit?

675


How does an internal audit differ from an external audit?

691


What is the mean of internal audit?

682






THIS QUESTION IS RELATED TO PAY ROLLS IF ANY BODY HAS THE FORMULAES IN EXCEL ABOUT PAYROLLS CALUCULATIONS PLS HELP ME OUT

1655


Why you want to be a auditor?

617


How auditing is prepared?

1942


Do you know the different types of audits?

627


Do you know what are the reasons for getting audited?

647


Which books are helpful for practising accounting's most tricky sums?

1156


Audit strategy based

2037


what supporting documents do we vouch to for sales, purchases, receivables, payables, sales cutoff, and liabilities cutoff?

5989


How to involve people in audit?

714


What is mean by error of submission? can u plz provide notes on this?

2010