As-22
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 February 2013
How do brought forward lossess create a timing difference
18 February 2013
Brought forward losses is considered to be timing
difference because in the period that these are being set-off, the accounting income will exceed the taxable
income.
difference because in the period that these are being set-off, the accounting income will exceed the taxable
income.
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