Deferred Tax asset on Depreciation Loss: a Moot

CA S.SAIRAM , Last updated: 16 September 2010  
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Deferred Tax asset on Depreciation Loss: a Moot Creation of deferred tax asset in pursuance of accounting standard-22 requires existence of an intriguing situation called Virtual Certainty for future taxable profits. Virtual Certainty as opposed to reasonable certainty (which is required for

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Published by

CA S.SAIRAM
(IFRS Consultant)
Category Accounts   Report

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