As 22 : taxes on income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 March 2015
When income tax slab rates are given how do we calculate effective rate of tax for the purpose of calculating current tax and deferred tax?
Thank you
Thank you
15 March 2015
the tax rates are same, deferred tax is based on the difference between allowed and disallowed expenses under income tax and companies act
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