deffered tax assets/liability in cash flow
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 June 2010
Dear all experts ,
I need a help i wan a know where to place the deffered tax assets/liability in cash flow. is it part to operating financial or investing...
pls answer with clear explanations pls .....
I need a help i wan a know where to place the deffered tax assets/liability in cash flow. is it part to operating financial or investing...
pls answer with clear explanations pls .....
CA Kishore Tallam
(Expert)
14 June 2010
Hi..
Deferred Tax WILL NOT ENTER Cash Flow Statement at all because Cash flow starts with Profit before tax and Prior Period Items.
Whatever direct taxes actually paid are shown under Income taxes paid as a separate line item in Operating Activities.
Deferred Tax WILL NOT ENTER Cash Flow Statement at all because Cash flow starts with Profit before tax and Prior Period Items.
Whatever direct taxes actually paid are shown under Income taxes paid as a separate line item in Operating Activities.
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- Import Order Cancelled.
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
