DEFFERED TAX

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Please advice me about deffered tax,


What is deffered tax expenses, income, assets, liabilities?


Why do we create deffered tax?


If we don't creat what will happen?


Regards


Ravikumar R C

Replies (2)
Dear ravi...Please go through Accounting standards 22- Deferred Tax.
Please advice me about deffered tax, What is deffered tax expenses, income, assets, liabilities? Why do we create deffered tax? If we don't creat what will happen?


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