Deffered Tax Asset/Liability

This query is : Resolved 

01 August 2008 Shuold Defferred Tax Or Liability Should be created in company which has its first financial year with Losses?

01 August 2008 Yes, the deferred tax asset or liability on account of timing differences for depreciation difference and losses be provided.

02 August 2008 Thanks Sir for your Instant reply




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