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PROBLEM
HI,
CAN YOU EXPLAIN THE TERM OF DEFFERED TAX ASSEST & LIABILITY.
ST 38 INWARD & ST 38 OUTWARD.
THANKS
Replies (2)
| Originally posted by :INDERJEET | ||
| " | HI, CAN YOU EXPLAIN THE TERM OF DEFFERED TAX ASSEST & LIABILITY. ST 38 INWARD & ST 38 OUTWARD. THANKS |
" |
deffered tax is the difference occurred on account of difference between the accounting income and taxable income , its like a BRS, as co pays taxes undet incometax law and keeps books as per the co act so the difference arises
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