Deffered tax calculation

This query is : Resolved 

28 July 2015 Can anyone explain me why we multiply by 30.9 to Depreciation difference to arrive at deffered tax asset or liability. Please explain me the logic behind the same.

28 July 2015 Income tax rate - 30% and cess 3% effective 30.9%( if no surcharge ie income below Rs 1 cr)

28 July 2015 Thank you sir, I got the same


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