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Social ScienceWhat are the distinctions between deferred tax assets and deferred tax liabilities?
What are the distinctions between deferred tax assets and deferred tax liabilities?
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Deferred Tax Deferred tax is an amount i.e. computed on the basis of tax liability on the income as per income statement and the income as per tax return, that difference is known as deferred tax. Deferred tax amount is deferred to the next financial year
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