Calculation of Deferred Tax
This query is : Resolved
22 March 2010
For calculating Deferred Tax - is Surcharge and ed cess also will be considered in addition to Basic Tax rate for Domestic Companies?
22 March 2010
AS-22 says deferred tax is to be recognised using the tax laws that have been enacted/substantively enacted on the balance sheet date. So,as per my understanding, S.C and Cess need to be considered.
23 March 2010
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