deffered tax
This query is : Resolved
04 February 2008
Please explain me with example about the deffered tax liability on permenant defference..
04 February 2008
AS-22
Permanent differences are the differences between Taxable Income and Accounting Income that originate in one period and do not reverse subsequently.
Examples:
Disallowed Amortization of goodwill
Expenditure disallowed in assessment
Disallowances U/s 40(A)(3),40(b)
Weighted Scientific research expenditure.
Exemptions u/s 10/10A/10B
Deductions U/s 80IA / IB / IC
Additional Depreciation on Revaluation
Permanent differences are the differences between Taxable Income and Accounting Income that originate in one period and do not reverse subsequently.
Examples:
Disallowed Amortization of goodwill
Expenditure disallowed in assessment
Disallowances U/s 40(A)(3),40(b)
Weighted Scientific research expenditure.
Exemptions u/s 10/10A/10B
Deductions U/s 80IA / IB / IC
Additional Depreciation on Revaluation
05 February 2008
thank u
05 February 2008
Pleasse Go through AS-22 available in shared file section
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- DELIVERY GOLD & SILVER AND OTHER ETF TRADING PROFIT AS BUSINESS INCOME
- GSTR-1A How to update Invoice
- Clubbing of Income - Minor
- Regarding Individuals Retuned to India and Resident currently
- Excess salary payment.
- 3cd- cash system of accounting is allowed?
- ERROR IN DEPRECIATION CALCULATION IN PREVIOUS YEAR COMPANY'S BOOKS
- Provision for loans that are under Revenue Recovery
- APPLICABILITYOF GST ON STUDENT HOSTEL FEES
- Form 121-contradictory opinions
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
