Question
Deferred tax asset is ₹5 lakh, expected to reverse in
2 years. Tax rate is 30%. What is the impact on profit?Solution
Deferred Tax Asset is recognized at the amount of future tax saving. On recognition, profit increases by that amount because the tax expense reduces by ₹5 lakh.
Which of the following is not a kharif crop?
The term 'Carbon Credit‘ is associated with
What is the name of China's recently launched largest amphibious assault vessel?
Speed of sound in air is unaffected by change in :
Which of the following are environment-friendly practices ?
Which of the following is not an equation of motion?
What is the industrial name of Epsum?
The amount of water vapors differs from place to place. Its amount is minimum in which of the following places?
An ideal gas expands into vacuum in an insulated container. Then:
Which type of glass is used for making chemical apparatus like beakers, flasks etc.?