Adjustment of deffered tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 June 2013 SIR

COULD YOU PLEASE EXPLAIN ME THE DEFFINATION OF DEFFERED TAX HOW IT ADJUSTED , IT IS CURRENT ASSESTS OR LIABLITIES , WHAT ENTRY PASS IN THE BOOKS OF ACCOUNTS TO ADUST.

PLEASE EXPLAIN WITH EXAMPLE

THANKS & RGDS

MUKESH KUMAR

Karan Teli

Karan Teli (Expert)
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23 June 2013 You know..? actually in Short you asked the whole of AS - 22. It is easy to explain orally but at the same time difficult also to explain in a written format. Hence refer D.S Rawat book for AS - 22 it is explained very well their.