Interested to Buy Any Domain ? << Click Here >> for more details...
What is deferred tax asset or libility ? please help with
the best one answer u have. thanks all
- 5 Answers
- 15473 Views
- Carlson, DELL, Real Estate, I also Faced
- E-Mail Answers
Answer Posted / rajendran
Deffered tax asset or liability is arises due to timing
difference.
If the company pays taxes based on IT act and the taxable
income tends to be low due to higher rate of depreciation
under IT act then DTL arises to the company.
On the contrary,if the company pays higher taxes due to
lower rate of depreciation as per IT act , then DTA arises
to the company.
It is due to other factor such as;
Disallowances made as per IT act
| Is This Answer Correct ? | 10 Yes | 1 No |
Post New Answer View All Answers
i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial
What was your most complicated sales cycle in past positions?
What is use of subject history in banking?
I am working in govt. sec. How to make journal entry in books for Fix Deposit
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
Do you have any professional experience in this field?
What is cotangent Account?
what is debit balance report in SAP?. how do you describe DB report in brief.
What is the difference between lc and bg(letter of credit
From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast
Do you have any idea about gst?
calculations of pf
When their is one pick point and four unloading places with in same district their is need to write four number of way biils
Can you name different branches of accounting?
Tell me what is the equation for acid-test ratio in accounting?
