14 November 2013
Deffered tax asset & liability are created for future.So whether Deffered tax asset and liability created at future tax rate or current year tax rate??
15 November 2013
In C.A. Examination in sum they have given future tax rate also so at that time deffered tax asset and liability created at future tax rate??.In practical I can understand that future tax rate can not be estimated realiably
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