Schedule ii of co. act 2013
This query is : Resolved
pancypoply
(Querist)
29 July 2015
Plz tell me whether any deferred tax liablity/asset need to be calculated on asset whose useful life is 0 & need to be write off as per schedule II of co. act 2013.
Vishrut Shah
(Expert)
29 July 2015
Deferred Tax Asset or Liability have to be calculated even though as per companies act,2013 useful life is 0
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