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What is the method of Calculation of Deffered tax as per AS
-22? Which income is included in calculating Deffered tax?
Net profit or Sales for calcultion?
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Answer / h.r. sreepada bhagi
Book Profit (i.e. Profit arrived at as per The Provisions of
Companies Act, 1956 & Prevailing Accounting Standards)
| Is This Answer Correct ? | 12 Yes | 4 No |
Answer / rajesh
Deffered taxes are computed for timing differences.
Timing differences means differnce between accounting
income and tax income.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / for accontant
assests - Libiletis = Capital
Capital- Dr
To Incom tax with Dutty & Tax
| Is This Answer Correct ? | 2 Yes | 9 No |
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