what is mean by differed tax?

Answers were Sorted based on User's Feedback



what is mean by differed tax? ..

Answer / om. maliya

deferred tax is difference between two depreciation
schedule one is according to companies act. and as per
Income tax act. and always charged in P & L Appropreciation
account and effect to computation of Income of a Company.

Is This Answer Correct ?    17 Yes 3 No

what is mean by differed tax? ..

Answer / prasanna

By deferring taxes on the returns of an investment, the
investor benefits in two ways. The first benefit is tax-
free growth: instead of paying tax on the returns of an
investment, tax is paid only at a later date, leaving the
investment to grow unhindered. The second benefit of tax
deferral is that investments are usually made when a person
is earning higher income and is taxed at a higher tax rate.
Withdrawals are made from an investment account when a
person is earning little or no income and is taxed at a
lower rate.

Is This Answer Correct ?    10 Yes 3 No

what is mean by differed tax? ..

Answer / deviyal

Deferred tax is tax impact during a financial year due to
timing difference.

Is This Answer Correct ?    2 Yes 2 No

Post New Answer

More Taxation Interview Questions

when charges PURCHASE @ 1 % TAX RATE ?

1 Answers  


cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.

0 Answers  


can we take coloing stock in T.P.and is it dr.balance or cr.balance

1 Answers  


WHAT IS THE TDS RATE ON FREIGHT

7 Answers   ABC, Chartered Accountant, Ramky, Spk Software, VS,


I am working with a partner ship firm. Their are six brances in other State. Our one branch(Haryana State) sale raw material to a customer(In Haryana)and charged all tax like excise & VAT. And purchase finished goods from the same customer for other branch in Uttarakhand. What should uttarakhand branch deduct TDS for these purchase amount. If yes, then pls send us notification nos.& TDS Section.

1 Answers  






Let me know the clauses (A)& (B) Of section 113 of the finance (No.2)Act2009?

0 Answers  


How to file the CST return and which form is use.

0 Answers   Bharat Bazar, Skyline,


what is the time limit of tax credit in sales return condition

2 Answers   Global Energy,


Can the seller pay sales Tax in Govt.Dept. against sale of material by retail invoice?

1 Answers  


How Many Category of VAT in West Bengal

0 Answers   Jyotsna Enterprises,


We are into Press Tool & Die Manufacturers and regisered with ESI. for Expansion of Building we are paying civil contract bills ( incluidng labour as well as material) . Please let me know while making payment we have to deduct ESI because civil contrator is not registered under ESI. My question is contractor issue bill including material . on what amount we have to deduct ESI. Please let me know.

1 Answers  


1· Other Mortgage Questions ?

0 Answers   Cholamandalam DBS,


Categories