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Deferred tax

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(Querist)
16 August 2011 Provision of deferred tax apllicable to firm or not?
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CA Aditya Goel

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CA Aditya Goel (Expert)
16 August 2011 No. Only for Companies.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 August 2011 It is not mandatory application. if you follow also no problem



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Rakesh Jain

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Rakesh Jain (Expert)
22 August 2011 Not Agree with the opinion of Mr Ramesh. This provision is only for the Companies.
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
22 August 2011 AS-22 will be applicable for comapnies as well as firm also(SME).

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