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Deferred Tax

Tax queries 555 views 1 replies

What should be the deferred tax rate for 2007-2008 & 2008-2009??????

Replies (1)

deferred tax rate should be rate of next years tax rate. So if the expected income of the company is more than Rs. 1 crore in subsequent year then surcharge applicable and tax rate for both years 33.99% and if otherwise then 30.90%


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