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Veena_pampady

How to calculate tax payable?

If a Company's net income in year 1 is Rs. -2 Crores (-20 million), year 2 is Rs. -1 crores(-10 million), year 3 is Rs. 1 crore (10 million). What is the tax payable in year 1, 2 and 3 at a 30% tax ra...
Nov 19 2012 12:15 AM
Ashish

How to calculate tax payable?

Hi Sir, In the below question the income tax payable should be 4.5 crore as the operating income remaining after the total expenditure is 18 crore. So it is 18* 0.25 But the ans said is incorrect....
Dec 18 2012 04:12 PM
Yasar

What is current deferred income taxes?

In the below example "Current deferred income taxes" term being used. I assume it is nothing but Deferred tax asset - this term being used in your Taxes video. Is this correct? Current assets: ...
Dec 28 2012 02:31 PM