09-06-2003, 03:34 AM
IAS 12 requires disclosure of a reconciliation of accoutning profit with the taxable profit please can some body tell me application of the disclosure requirement on companies who are under Presumptive tax regime in which tax deducted at source is taken as final tax liablity.
Who can such tax liablity (Tax deducted at source) be reconciled with accounting profit
Who can such tax liablity (Tax deducted at source) be reconciled with accounting profit
