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Answer Posted / pawanlodh
defferred tax liability arises due to postponing the tax
liability for a financial year, due to increasing ur
depreciation & amortised expenses in the year, profit
become less than actual bcoz of this less tax to be paid by
assessee, it postpone tax payable to next year & further
years.
| Is This Answer Correct ? | 10 Yes | 3 No |
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