How Deferred Tax will be calculated if,
Cost of Investment (Long) - ₹100
Provision for Diminution - ₹20
And at what rate the Deferred tax is calculated, because when investment is sold the rate applicable is 20% ?
Deferred Tax in case of Provision for Diminution in Investment.
Nikul (Borivali) (34 Points)
18 May 2019
CAclubindia
