Calculation of Deferred Tax

This query is : Resolved 

22 March 2010 For calculating Deferred Tax - is Surcharge and ed cess also will be considered in addition to Basic Tax rate for Domestic Companies?

22 March 2010 AS-22 says deferred tax is to be recognised using the tax laws that have been enacted/substantively enacted on the balance sheet date. So,as per my understanding, S.C and Cess need to be considered.

23 March 2010 agree with expert


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