Deffered Tax Asset/Liability
This query is : Resolved
rakesh kalani
(Querist)
01 August 2008
Shuold Defferred Tax Or Liability Should be created in company which has its first financial year with Losses?
01 August 2008
Yes, the deferred tax asset or liability on account of timing differences for depreciation difference and losses be provided.
rakesh kalani
(Querist)
02 August 2008
Thanks Sir for your Instant reply
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