Question
A firm uses written-down value for tax depreciation
(₹1 crore base at 40% DDB) and straight-line for books (10-year life). Tax rate = 30%. What is deferred tax liability (DTL) at the end of first year?Solution
Book depreciation = ₹10 lakh; tax depreciation = ₹40 lakh; temporary difference = ₹30 lakh. DTL = ₹30 lakh × 30% = ₹9 lakh.
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