Hi,
when deferred tax is applicable and what is the criteria?
Now, my company is in loss for the FY'19, still deferred tax is applicable?
Please clarify.
Thanks in advance.
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Deferred tax applicability
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Deferred tax is applicable to all companies. Only criteria is any income / expense which is not taxable / deductible now but in future it will be. For more details pls msg.
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