What is Deferred Tax asset & liabilities & How to Calculate deferred Tax| Deferred tax - Concept
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Hello Friends,
For Download Balance Sheet Excel format click Below link
https://imojo.in/QS6dMg
This video is fifth video of Balance Sheet. In this video we will learn about deferred tax. What is deferred tax | what is deferred tax asset | what is deferred tax liabilities | How to calculate deferred tax | How to calculate deferred tax liabilities | Deferred Tax Concept | Deferred tax in hindi | Deferred tax calculation
What is deferred Tax ?
Deferred Tax means Prepaid Tax or Balance Tax .
Companies maintain books as per company law but paid tax according to Income tax law. The Companies calculate our profit as per company law as well as Income tax. Some differences that arise due to application of different provisions of law. These temporary differences are accounted for, recognized and carried forward in the books of accounts and accordingly Deferred tax asset A/C and Deferred tax liability A/C are created.
Deferred Tax Asset (DTA) and Deferred Tax Liability (DTL) में क्या Difference है
When profits as per tax laws is more than profits as per books of accounts
When profits as per tax laws is less than profits as per books of accounts
Deferred Tax Entry in Books
Deferred Tax Asset journal entry
Deferred Tax Asset A/C……. Dr
To Profit & Loss A/C……….
Deferred Tax liability journal entry
Profit & Loss A/C ……. Dr
To Deferred Tax Liability A/C…...
Where is show Deferred Tax Asset & Deferred Tax Liabilities in Balance Sheet
Deferred Tax Asset shown under the head of Non- Current Assets in the Balance Sheet.
Deferred Tax Liabilities shown under the head of Non- Current Liability in the Balance Sheet.
For More video link given below of Playlist
Tally Course |Tally Tutorial : https://www.youtube.com/playlist?list=PL59lTk8vX80D1Zii-3vNGaU5ckkJr7LOs
Income Tax : https://www.youtube.com/playlist?list=PL59lTk8vX80ARfyVEhR8xkL5v-B0JjSAs
ROC | Company Compliance : https://www.youtube.com/playlist?list=PL59lTk8vX80BFil1-TvhZBNP2106Kawm9
GST : https://www.youtube.com/playlist?list=PL59lTk8vX80AWA2kkWxejv_bKSLDPDoIk
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Hello Friends,
A2z Accounting School youtube channel Subscribe for Practical Knowledge of Accounting, Taxation, Finance, Balance Sheet, CMA Data, GST Return, Income Tax Return, Statutory Audit, Tax Audit, Cost Audit with xbrl, Export-Import, DGFT, ROC form and return with xbrl, online Registration and Internet & Net Banking etc.related topic.
नमस्कार दोस्तों,
A2z Accounting School यूट्यूब चैनल सदस्यता के व्यावहारिक ज्ञान के लिए लेखांकन, कराधान, वित्त, बैलेंस शीट, सीएमए डेटा, जीएसटी रिटर्न, आयकर रिटर्न, सांविधिक लेखा परीक्षा, कर लेखा परीक्षा, xbrl के साथ लागत लेखा परीक्षा, निर्यात-आयात, DGFT, ROC फॉर्म और रिटर्न के साथ xbrl, ऑनलाइन पंजीकरण और इंटरनेट और नेट बैंकिंग आदि संबंधित विषय।
#Deferredtax
#deferredtaxasset
#deferredtaxliabilities
#dta
#dtl
For Download Balance Sheet Excel format click Below link
https://imojo.in/QS6dMg
This video is fifth video of Balance Sheet. In this video we will learn about deferred tax. What is deferred tax | what is deferred tax asset | what is deferred tax liabilities | How to calculate deferred tax | How to calculate deferred tax liabilities | Deferred Tax Concept | Deferred tax in hindi | Deferred tax calculation
What is deferred Tax ?
Deferred Tax means Prepaid Tax or Balance Tax .
Companies maintain books as per company law but paid tax according to Income tax law. The Companies calculate our profit as per company law as well as Income tax. Some differences that arise due to application of different provisions of law. These temporary differences are accounted for, recognized and carried forward in the books of accounts and accordingly Deferred tax asset A/C and Deferred tax liability A/C are created.
Deferred Tax Asset (DTA) and Deferred Tax Liability (DTL) में क्या Difference है
When profits as per tax laws is more than profits as per books of accounts
When profits as per tax laws is less than profits as per books of accounts
Deferred Tax Entry in Books
Deferred Tax Asset journal entry
Deferred Tax Asset A/C……. Dr
To Profit & Loss A/C……….
Deferred Tax liability journal entry
Profit & Loss A/C ……. Dr
To Deferred Tax Liability A/C…...
Where is show Deferred Tax Asset & Deferred Tax Liabilities in Balance Sheet
Deferred Tax Asset shown under the head of Non- Current Assets in the Balance Sheet.
Deferred Tax Liabilities shown under the head of Non- Current Liability in the Balance Sheet.
For More video link given below of Playlist
Tally Course |Tally Tutorial : https://www.youtube.com/playlist?list=PL59lTk8vX80D1Zii-3vNGaU5ckkJr7LOs
Income Tax : https://www.youtube.com/playlist?list=PL59lTk8vX80ARfyVEhR8xkL5v-B0JjSAs
ROC | Company Compliance : https://www.youtube.com/playlist?list=PL59lTk8vX80BFil1-TvhZBNP2106Kawm9
GST : https://www.youtube.com/playlist?list=PL59lTk8vX80AWA2kkWxejv_bKSLDPDoIk
Follow on below social network :
Website : www.a2zaccountingschool.com
Facebook Page : https://www.facebook.com/A2zaccountingSchool
Instagram : https://www.instagram.com/a2zaccountingschool
Hello Friends,
A2z Accounting School youtube channel Subscribe for Practical Knowledge of Accounting, Taxation, Finance, Balance Sheet, CMA Data, GST Return, Income Tax Return, Statutory Audit, Tax Audit, Cost Audit with xbrl, Export-Import, DGFT, ROC form and return with xbrl, online Registration and Internet & Net Banking etc.related topic.
नमस्कार दोस्तों,
A2z Accounting School यूट्यूब चैनल सदस्यता के व्यावहारिक ज्ञान के लिए लेखांकन, कराधान, वित्त, बैलेंस शीट, सीएमए डेटा, जीएसटी रिटर्न, आयकर रिटर्न, सांविधिक लेखा परीक्षा, कर लेखा परीक्षा, xbrl के साथ लागत लेखा परीक्षा, निर्यात-आयात, DGFT, ROC फॉर्म और रिटर्न के साथ xbrl, ऑनलाइन पंजीकरण और इंटरनेट और नेट बैंकिंग आदि संबंधित विषय।
#Deferredtax
#deferredtaxasset
#deferredtaxliabilities
#dta
#dtl
