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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- One Post a Week Done Right Beats Seven Done Wrong
- Interest on SCSS
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
