11 January 2008
As far as Deferred tax is concerned there is no cash outflow or inflow so same is ignored in CF.
For other taxes, following formula can be applied Opening provision for tax Less Opening Advance tax Less closing provision for tax add Closing advance tax Add:- provision for tax made during the year.
Or
advance tax paid during the year Plus TDS deducted on our behalf during the year Plus self assessment or other tax paid during the year