How can Calculate Deferred Tax of Any Firm Like Pvt. Ltd.
Answer Posted / r.chandrasekaran
Deferred Tax liability is only a provision in the balance sheet, which will be calculated on the difference amount of the WDV of Fixed Assets as per Companies Act and as per Income Tax Act at the end of each financial year.
| Is This Answer Correct ? | 6 Yes | 2 No |
Post New Answer View All Answers
How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
Explain what is gaap?
How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
What and How to compute an unsecured balances?
example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.
What are the nine accounting cycles?
What is customer account?
Tell us do you have any professional experience of this field?
By saying, perpetual or periodic inventory system; what do we mean?
What are the 4 phases accounting?
Tell me different branches of accounting?
Why are accounting standards necessary?
what is loan operations and what are the complete process form from making customer to closure of loan
director wife expenses which entry