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tax expense and tax payable of a company
is only depreciation responsible for the difference between tax expense and tax payable of a company?
Mar 05 2013 08:38 PM
Yes thats the primary reason tax expense and tax payable defer
Mar 05 2013 09:40 PM
yes depreciation is responsible behind the difference between tax expense & tax payable of a company.
Dec 08 2013 04:59 PM
Deoreciation is the most common reason behind deferred tax liability.
May 30 2014 10:22 PM
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In this question Taxes and Interest has been ignored??
If a company incurs $10 (pretax) of depreciation expense, how does that affect the three financial statements?assume a tax rate of 40%
Advanced Income Statement
what is tax deducted at source?????
and can we reclaimed it at the time of filing our income tax???
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