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Deffered Tax Asset

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31 October 2020 In Private Limited Company First Financial Year 2019-20 in that Whether Deferred Tax Asset Creation required mandatory in case business loss?

31 October 2020 Yes, it's mandatory.

31 October 2020 Deferred tax assets has to be recognized only if the company is 'reasonably certain' that sufficient profit will emerge in the coming years.






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