Deferred tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 September 2011
if in a Organisation Fixed Assests Scedule opening and Closing balance is nil as per Companies Act & income Tax, can we calculate the Deferred Tax. Plaese Advise me
12 September 2011
deffered tax has nothing to do with the closing balance of assets, it is related to difference in depreciation.
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