Deferred tax

it should be after Provision for taxation and deferrred tax.

After both the taxes

Eps is the measure of what a company has earned per share. It is calculated on the basis of profit before tax as per the profit and loss account and further deducted by tax (ie. Current tax) to arrive at profit and after tax. Now, deferred tax is the difference of tax paid on the department and tax provision in books. If deferred tax arises, it treated as an asset or liability with appropriate debit or credit on profit and loss. Thus, profit before tax so computed is after the effect of deferred tax only. Only effect of current tax is reduced for PBT.

Eps is the measure of what a company has earned per share. It is calculated on the basis of profit before tax as per the profit and loss account and further deducted by tax (ie. Current tax) to arrive at profit after tax. Now, deferred tax is the difference of tax paid to the department and tax provision in books. If deferred tax arises, it treated as an asset or liability with appropriate debit or credit in profit and loss. Thus, profit before tax so computed is after the effect of deferred tax only. Only effect of current tax is reduced for PBT.