01-27-2005, 04:48 PM
Aray Chanda,
It is not like the way u r thinking,
I just asked that can we adjust the excess of amount, of minimum tax over the normal tax, against our current deferred tax or not.... what is the confusion in that????
Deferred tax is purely an accounting treatment, and whatever i have said purely relates to the accounting treatment not with the amounts to be paid to the tax authorities.
SMR
It is not like the way u r thinking,
I just asked that can we adjust the excess of amount, of minimum tax over the normal tax, against our current deferred tax or not.... what is the confusion in that????
Deferred tax is purely an accounting treatment, and whatever i have said purely relates to the accounting treatment not with the amounts to be paid to the tax authorities.
SMR
