PLEASE TELL ME THAT WHILE TREATING AS 30,31,32 i.e. F.I.......KYA DEFFERED TAX ARISE HOGA AND IF YES THEN HOW IT WILL BE SET OFF??????????
CA Deepak Garg
(Consulting )
(95 Points)
Replied 15 November 2012
Hello Ujjwal
In my opinion while making treatment of AS- 30, 31 and 32 then in relation to Deferred Tax all provisions of AS- 22 shall be applicable. Deferred Tax can be arised even in AS 30 but it may be depend on different Circumstances.
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