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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

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