Net wealth
This query is : Resolved
RAKESH KUMAR JAJORIYA
(Querist)
02 August 2014
SIR/MADAM,
WHETHER deferred tax liability is added in net wealth calculation or not?
please clarify the same with explanation.
(this calculation will be used in credit analysis. so answer accordingly)
WHETHER deferred tax liability is added in net wealth calculation or not?
please clarify the same with explanation.
(this calculation will be used in credit analysis. so answer accordingly)
Rupesh Jain
(Expert)
22 August 2014
no it is not added in new wealth due to it is not the assets or share holder fund. it is diff. of tax as per book and as per income tax .
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