Differ tax working

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vijay

vijay (Querist)
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12 September 2012 can you explain me about differ tax working

CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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12 September 2012 There is No Concept of Differ Tax in Income Tax.
But in Companies Act Only Need to Do Differ Tax Provision.
Please Read With AS22 Issued by Our ICAI.

K Srinivas, CMA CS

K Srinivas, CMA CS (Expert)
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12 September 2012 Mr Vijay,

Is it Deferred Tax that you want to know about?

Because as Mr Ayush said, there is no concept of Differ tax in IT Act.You can check with AS 22 - Accounting for taxes on Income issued by ICAI

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