How to calculate deferred tax on fixed assets?

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Solution

There are no severe guidelines to calculate deferred tax on fixed assets as it is only the difference amount obtained by gross profit from profit and loss account and a tax statement.

Also see:

Difference Between Assets and Liabilities

What Are Non Current Assets?

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Q. Net Profit before Interest and Tax ₹6,00,000; Net Fixed Assets ₹20,00,000; Net Working Capital ₹10,00,000; Current Assets ₹11,00,000. Calculate Return on Investment.

From the following information related to Naveen Ltd., calculate (a) Return on Investment and (b) Total Assets to Debt Ratio:
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Q. Under which major head and sub-head of the Assets part of the Balance Sheet will the following be shown:

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Q. Assuming That the Debt to Equity Ratio is 2 : 1, state giving reasons, which of the following transactions would (i) increase; (ii) Decrease; (iii) Not alter Debt to Equity Ratio:

(i) Issue of new shares for cash.
(ii) Conversion of debentures into equity shares
(iii) Sale of a fixed asset at profit.
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(v) Payment to creditors.

Q. Select the most appropriate alternatives from those given below and rewrite the statements :

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b) Capital Expenditure
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How to calculate deferred tax on fixed assets?

There are no severe guidelines to calculate deferred tax on fixed assets as it is only the difference amount obtained by gross profit from profit and loss account and a tax statement. Also see: Difference Between Assets and Liabilities What Are Non Current Assets?

There are no severe guidelines to calculate deferred tax on fixed assets as it is only the difference amount obtained by gross profit from profit and loss account and a tax statement.

Also see:

Difference Between Assets and Liabilities

What Are Non Current Assets?