Deffered tax

This query is : Resolved 

20 August 2013 What will be the Tax rate at the time of Computing deffered tax Assets/Liabilities where Future tax rate is also given Along with current rate.
What rate we will take Current or Future

20 August 2013 There is no such term as future tax rate.
Normal tax rate applicable to a company will be applicable while computing deferred tax.

20 August 2013 Tax rate prevailing on the balance sheet date may be adopted.

20 August 2013 But what will be the Normal tax rate
Is it will be the Rate ob Balance Sheet Date


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