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.

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.

Answer / deviyal

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

which purchases is profitable for us a building material purchases from direct of contactor ?

0 Answers   Penam Laboratories,

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Making delivery challan is possiable between two branch of difference code

0 Answers  

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i am newly started cement distribuition company how to maintain salex tax account in tally tnvat format recently its changed @14.5% pease any one post this answer

2 Answers  

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During the financial year if i had made CST purchase in may 2011 Rs.200000/-, in july 2011 Rs.150000/-, in august 2011 Rs.100000/- so for the above transaction i have to obtain three C forms for each transactions now let me clear that by providing relevent details to the Tax department when they will provide me the c forms for the above transactions?

4 Answers   Accenture, IBM,

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which amount filling in c form (in invoice) its urgent basic value of item + excise duty + cst

2 Answers  

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What will be the rate of TDS on contractor if the amount paid in a year crosses Rs.75000/-

6 Answers  

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Can anybody explain me entry for TDS receivable with example

5 Answers  

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if my basic salary is Rs. 6000/-. then how much money deposited in A/c no 1;2;10;21& 22.pls show me the calculation in details.

2 Answers  

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Please tell me the process of generation of TDS in Tally ERP-9 with an Example

0 Answers   Hitachi,

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We paid advance rent of office for next 6 months, when should we pay the TDS into bank, is it will monthly or it will be in advance?

7 Answers  

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Dear All, Please help me in VAT/CST I would like know about full detail of Vat-1.Rate,2.Form No. & everything which is convern about CST/VAT Thanks Sanjay Kumar

4 Answers  

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TDS return for salary form.

0 Answers   TCS,

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