Need to calcuate deffered tax

This query is : Resolved

uday singh Negi (Querist)
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05 March 2013 dear sir,
in our company we are having a loss of rs. 28,64,156/-
as per companies act and loss of rs. 28,95,739/-
as per income tax act depreciation as per companies act rs. 73589/- depreciation as per income tax act rs. 183732/-

but my auditor didn't calculate deferred tax ?

please explain why ?

uday singh Negi

uday singh Negi (Querist)
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05 March 2013 expert please reply

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Guest (Expert)

06 March 2013 In my opinion there shall be calculation of deffered tax and the amount of deferred tax shall be = 30.90% of (183732-73589) = Rs. 34034 and this will be called deffered tax liability.

but if auditor didn't calculate then i am not sure about it so please consult with one more person.

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