when Deferred Tax Asset & Deferred tax liability arises?
Answer Posted / v.mohan
deferred tax means it is a timing difference between the
companies and income tax act.
Deferred tax liability arise when the It act Depreciation
higher than the companies act depreciation.
Deferred tax Asset arise when the It act Depreciation
lesser than the companies act depreciation.
| Is This Answer Correct ? | 837 Yes | 123 No |
Post New Answer View All Answers
What is an internal audit?
which of the following procedure would auditor lease likely perform in planning a financial statement audit?
What is caro 2004?
What is CARO 2003? What do you mean by management audit?
How would you describe your management style
hi friend i have selected in ssc cgle as accountant in audit department. can anyone tell about the work of accountant in audit department?
What are documents need to vouch while doing sales vauching?
What is statutory audit?
Who will audit an auditing firm?
what is the difference you can make by doing your course in the country of your choice
What are the different advantages and disadvantages of internal audit?
May deduct TDS Froma reseller ?
whta is the current SBAR? Please provide the past rates from 1st january 2011 to till date.
Explain the importance of evaluating an internal audit department?
What is the mean of internal audit?