Deferred Tax Liability

CS Ankur Srivastava , Last updated: 25 June 2011  
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Deferred Tax Liability is the difference between the provision of tax and actual tax. It is the timing difference that arises because of the tax calculated as per Companies Act and Income Tax Act. Example:- Provision for Tax in the P/L was Rs. 10,00,000/- however, in September when th

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Published by

CS Ankur Srivastava
(Company Secretary & Compliance Officer)
Category Income Tax   Report

8 Likes   40987 Views

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