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deffered tax liability

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(Querist)
09 July 2010 Dear experts,

what is the treatment of deffered tax liability?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
09 July 2010 In what?

No deduction is allowable for deferred tax while calculating income as per normal provisions as well as for the purpose of calculating book profit.

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