can any boby tell me the deffered tax concept & its treatment
SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)
17 March 2010can any boby tell me the deffered tax concept & its treatment
CA.G.Muguntha Narayanan
(Internal Auditor at TVS Motors)
(2195 Points)
Replied 17 March 2010
Deferred tax is the difference arising due to a change in liability, arising due to accounting procedures and taxation laws.