AS-22

This query is : Resolved 

28 June 2011 Hi,
I wanted to ask whether we need to apply surcharge while calculating deffered tax and when

28 June 2011 AS-22 says ,tax rate applicable or the substantially enacted tax rate. In either case, if the taxable income exceeds Rs. 1 crore, surcharge should be considered to calculate DTA / DTL.


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