Question ID :
20156
CREATION OF DEFERRED TAX ASSET FOR INDIVIDUAL
Respected Members,My question is-due to ICDS-2 effect do we need to create Deferred Tax Assets for individuals(sole proprietorship concerns)also?If yes then what will be the tax rate,will it be the average tax rate?And in the year of reversal if that individual falls in different tax slab then how its reversal will be possible?Please give your valuable advice.Thanking You.
Posted by
ARUNIMA BHAR
on
Sep 16, 2017
Filed Under
MISC.