banner_ad

Creation of deffered tax asset & deffered tax liability.

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 November 2013 Deffered tax asset & liability are created for future.So whether Deffered tax asset and liability created at future tax rate or current year tax rate??
Profile Image

CA Parul Saxena

Profile Image

CA Parul Saxena (Expert)
14 November 2013 These are created as per current year tax rate
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
14 November 2013 Sweta, one more thing. How will you estimate/predict future tax rates???
Profile Image

CA Sweta

Profile Image

CA Sweta (Querist)
15 November 2013 In C.A. Examination in sum they have given future tax rate also so at that time deffered tax asset and liability created at future tax rate??.In practical I can understand that future tax rate can not be estimated realiably
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
15 November 2013 oh the mind games. ICAI got nothing else to do. Anyways, as Parul suggested, use the current year's tax rates and study well.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details