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What is Deferred tax? What is the difference between current tax and deferred tax.give some example of deferred tax.



What is Deferred tax? What is the difference between current tax and deferred tax.give some example ..

Answer / vishnu tiwadi

deferred tax means is a bookkeping term.that helps account
for the difference between the value of libility or asst
and the amout of the tax due on the libility or asset
current tax means the amout payable in current year

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