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61 Points
Joined July 2010
hello dear first of all...pls accept my friend ship request..i m student of ca final .i m in jaipur..ur quest is very good...deffered tax liability arises only in the case of companies...because when a difference create a income tax books and companies books then deffered tax liability...deffered tax liability means a difference between normal income tax laws or after adding sec. 115JB