9911796707
TMI BlogDeffered Tax Asset & Deffered Tax Liability.X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, My client is Pvt. Ltd. Company and his accounting figure for the FY 2011-12. Deffered Tax Assets Op. Bal - Rs. 10489 Preliminary Expenses as per IT Act -- Rs. 17160 Depreciation as per Co. Acts -- Rs. 69722 Depreciation as per IT. Acts ----Rs.83370 Book profit as per P L A/c. --- Rs. 2314052 Including ST ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CG Rs. 132902 LTCG Rs. 1408209 on share Dividend Rs. 19000) Total Income as per Computation --- Rs. 873200 Tax on total income --- Rs. 2,49,285 (STCG 20533+Normal tax 228752) Minimum alternative tax --- Rs. 437316 (on Book Profit 2314052-19000) Prelimery Exps. ==== Rs. 19800 (For Share Capital Increase) Prelimery Exps. ==== Rs. 66000 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (For Share Capital Increase) ======== Total Exps. 85800 ======== Total Exps. 85800 /5 Years = 17160 (Deduction u/s 35 D of I. T.) What is the amount of Defferred tax asset or Defferred tax liability to be recognized in current year. And how to pass the jour ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nal entries in accounts. Thanks Regards - Reply By CA GOPALJI AGRAWAL - The Reply = It is requested to each netizen to update their profile so that the respoder can anticipate the knowledge base of the queriest. - Deffered Tax Asset & Deffered Tax Liability. - Query Started By: - NATHURAM KADAM Dated:- 21-7-2012 Accounting - Auditing - Got 1 Reply - Companies Law - Discussion Forum - K ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
