Hi..
Please let me know whether we need to calculate deffered tax on prepaid expenses or not?
2 Replies
Rohit Tibrewal
(Student & Senior Accountant)
(3193 Points)
Replied 08 September 2018
Why you calculate deferred tax on prepaid expenses.
learner
(nil)
(243 Points)
Replied 08 September 2018
no need to calculate deffered tax on prepaid expenses becoz there is no timming difference
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