Easy Office
Easy Office

Deferred Tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 September 2008 Please tell what should be the treatment of deferred tax in a loss making concern.
Profile Image

Jitender

Profile Image

Jitender (Expert)
09 September 2008 in case co is having losses as per income tax act, then deffered tax to be created when there is vertual certainity of income & convincing evidence of it in future.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links