What is Deffered Tax Laibility .How can we calculate Deffered Tax Liability.
And in last How can we Clear the Account of Deffered Tax Liability
Menu
deffered tax liability
Replies (1)
Deferred tax liability in created on timing timing differences as per Income Tax Act and book where deduction allowable as per Income Tax act is more than as per books. When the said difference is being reversed the said deferred tax liability is reversed.
Read AS - 22 for more clarity
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
