Deferred tax liability on loss making company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 August 2016
Should we calculate Diferred Tax Asset or Liability based on Depreciation value etc in case of a LOSS MAKING COMPANY??? Pls reply urgenty.
24 August 2016
If you expect the company to turnaround and earn profits in future then create deferred tax asset.
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