AS-22
This query is : Resolved
04 September 2010
Dear sir,
Whether impairment loss is permanent difference or timing difference?
Whether it is tax deductible?
Whether impairment loss is permanent difference or timing difference?
Whether it is tax deductible?
04 September 2010
It is temporary difference as the same is not allowable as per income tax act provisions but the same gets adjusted along with year on year depreciation.
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