Almost 10 % of the profit after tax was eaten by Rs. 1.39 Crore deferred tax expense booked in revenue account and added to deferred tax liabilities in the balance sheet. Such sum is not seen in previous years. I understand this as a sum which will become a positive factor in the coming years in the revenue account as a result of accounting adjustments of depreciation in the tax account and INDAS. Some accounting vizards in the community please explain…
Subscribe To Our Free Newsletter |