Deferred tax working

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Dharmendra More (Querist)
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24 June 2011 can anyone tell me what are the points to be covered while making Deferred Tax Working.Any specimen working of Deferred Tax.

Regards,

Dharmendra More

DEEP SINGH TOMAR

DEEP SINGH TOMAR (Expert)
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24 June 2011 Hello friend

main point are to be covered in deffered tax calculation, you should take difference between depreciation as per comanies act and income tax act, if depreciation as per bookes of account more tha income tax, it is deferred tax assets otherwise deferred tax liability
Thanx

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