FOR INDIA'S BEST CA CS CMA VIDEO CLASSES CALL 9980100288 OR VISIT HERE
PREDICT YOUR RANK!
Answer below questions and predict your rank
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

Justification for deferred tax accounting?

Open uri20170510 32134 7ezpi6?1494421819 asked

Hi Can you please Justification for deferred tax accounting?

    0       0 Answer Now Comment Report
5 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Deferred tax is recognized as a result of the Matching principle. Deferred tax liabilities are provided in order that investors may understand the future tax liabilities that may arise as a result of accelerated tax relief taken to date, or income that has not yet been taxed.

    0       0 Comment Report
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Hello Deferred tax is recognized as a result of the Matching principle. Deferred tax liabilities are provided in order that investors may understand the future tax liabilities that may arise as a result of accelerated tax relief taken to date, or income that has not yet been taxed. Where accelerated tax relief is obtained for expenditure relative to the timing of an expense recognized in a company's profit and loss account, a deferred tax charge should be recognized in the profit and loss account for the movement in the company's deferred tax liability, which will increase the company's total tax charge

    0       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Dear Friend, **Justification for deferred tax accounting** -Deferred tax is recognized as a result of the Matching principle. Deferred tax liabilities are provided in order that investors may understand the future tax liabilities that may arise as a result of accelerated tax relief taken to date, or income that has not yet been taxed. -Where accelerated tax relief is obtained for expenditure relative to the timing of an expense recognized in a company's profit and loss account, a deferred tax charge should be recognized in the profit and loss account for the movement in the company's deferred tax liability, which will increase the company's total tax charge

    0       0 Comment Report
Picsjoin 2017224123730582 answered

Hie Jaggu, Justification for deferred tax accounting ----------------------------------------- - Deferred tax is recognized as a result of the Matching principle. Deferred tax liabilities are provided in order that investors may understand the future tax liabilities that may arise as a result of accelerated tax relief taken to date, or income that has not yet been taxed. - Where accelerated tax relief is obtained for expenditure relative to the timing of an expense recognized in a company's profit and loss account, a deferred tax charge should be recognized in the profit and loss account for the movement in the company's deferred tax liability, which will increase the company's total tax charge

    0       0 Comment Report
Open uri20170510 32134 1uwcnoc?1494421631 answered

Deferred tax is recognized as a result of the Matching principle. Deferred tax liabilities are provided in order that investors may understand the future tax liabilities that may arise as a result of accelerated tax relief taken to date, or income that has not yet been taxed. Where accelerated tax relief is obtained for expenditure relative to the timing of an expense recognized in a company's profit and loss account, a deferred tax charge should be recognized in the profit and loss account for the movement in the company's deferred tax liability, which will increase the company's total tax charge

    0       1 Comment Report
Get Notifications
Videos
Books
Notes
Loading
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.