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How to avoid Deferred Tax ?

Vaidy (Articles) (29 Points)

10 July 2010  

Dear all, :)

Can we avoid creating deferred tax asset/Liability, by providing the depreciation rates as same as the Income tax rates for the depreciation under companies act, provided we follow the same WDV method in the Companies Act too..?


 1 Replies

CA Amit Kumar Khaitan (Research Analyst) (360 Points)
Replied 10 July 2010

There is more to deffered tax than just depreciation

you can however do avoid some of it by doing that.... but, the principle of consistency and schedule XIV  must not b violated...

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