Deferred tax

Angel (Associate) (31 Points)

04 July 2018  

The assessee is a private limited Company.It should one of the asset and Got Profit on sale of asset of Rs 324023 in Books of Accounts. There is no profit in IT books due to Block of asset rule. And now depreciation as per book is 764259 and as per Income Tax is 620502 . What will be the amount of Deferred Tax ??