https://www.taxtmi.com/forum/issue?id=4338 The company reports book-tax timing differences due to higher depreciation under tax law and amortisation/deduction treatment of preliminary expenses. The question is to compute the deferred tax asset or liability for FY 2011-12 and the journal entries to record the deferred tax, taking into account reported book profit, taxable income, tax on total income, and the separate Minimum Alternative Tax basis. en-us Sat, 07 Jul 2012 12:17:34 +0530 Thu, 23 Jan 2025 15:57:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4338 The company reports book-tax timing differences due to higher depreciation under tax law and amortisation/deduction treatment of preliminary expenses. The question is to compute the deferred tax asset or liability for FY 2011-12 and the journal entries to record the deferred tax, taking into account reported book profit, taxable income, tax on total income, and the separate Minimum Alternative Tax basis. Discussion-Forum Income Tax Sat, 07 Jul 2012 12:17:34 +0530 https://www.taxtmi.com/forum/issue?id=4338