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Adjustment of deffered tax assets

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Querist : Anonymous (Querist)
13 July 2016 is it possible to adjust deferred tax assets from provision for taxation. while making provision for taxation.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
13 July 2016 You cannot adjust the deferred tax against the actual tax calculation in the books. Provision for tax separate from deferred tax calculations

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