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How can Calculate Deferred Tax of Any Firm Like Pvt. Ltd.
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Answer Posted / 0408690
Defered tax Asset/iability will be arise only when there is any differences between as per companies act and as per income tax act .
Mostly we use deffered tax in our daily life for most of the pvt companies it arises only in depreciation cases , where as per IT and CO. rates are different , so deffered tax Asset/ liability arises .
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