Question ID :
40434
deferred tax
what is the easiest way to calculate deferred tax assets or liabilities.
Posted by
VIJAY J PUROHIT
on
Oct 18, 2019
Filed Under
AUDIT
Answer ID :
80210
If Accounting Profit is greater than Taxable Profit , than create Deferred Tax Liability.
If Accounting Profit are less than Taxable Profit , create Deferred Tax Assets.
Posted by
AJAY JAIN on
Oct 18, 2019