Answer Posted / rajnath maurya
Deffered Tax basically arises due to Timing difference.
DTL arises when we have made more provision of Tax as per
Co.s Act, 1956 than the actual Tax liability as per Income
Tax act, 1961. i.e. due to some expenditure like
Depreciation, amortised expenditure which are not allowed
or less allowed as per Co.s Act but on the same time fully
allowed or allowed at a higher rate as per Income tax Act,
due to the same profits as per co.s act as a result profit
becoms short in the eye of it low, as such we can say we
have to pay our taxes by some time after
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
WHAT IS THE PORVISION OF INCOME TAX & SELF ASSESSMENT TAX AFTER AUDIT IN PVT LTD CO & LTD CO , PLEASE GIEVE ANSWER IN DETAIL WITH ENTERY TO MY E-MAIL ADDRESSS
come'?
how many sale tax charged on the billing for central dealer by uttar pradesh dealer at furniture items ? & how many sale tax charged for u.p. dealer by up dealer ?
If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.
What is Stock Reconciliation Statement , why we make the Stock Reconciliation Statement.
why VAT not charged in deemed sales bill.
I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.
we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?
Please tell me the rate of service tax of Transportation and the who is liable to deposit the Service Tax, the receiver of service or provider the service
Provision for Service tax, Income tax and Sales tax
why use diff vat forms like vat51 vat3 why
Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///
Explain the Calculation of Sales Tax?
Please some one tell me what is the VAT or WCT rate for works contract at Tripura
I want PTR Number and I am working professionaly related documents i have but officer asked me to bring any business commencement proof. here,I have no business? so what proof i will give to him.