Start learning →

Reliable discounting of deferred tax needs which impracticable step?

AScheduling of each reversal
BWritten approval by auditor
CListing on a stock exchange
DConsolidation of subsidiaries
Answer & Solution
Correct answer: A. Scheduling of each reversal
Discounting needs the reversal of each timing difference to be scheduled, which is often impracticable or highly complex.
Practise this question with Quill — CA Inter →

Keep practising AS 22 Taxes on Income

Browse all AS 22 Taxes on Income questions for CA Inter, or explore more Accounting topics.

Start a AS 22 Taxes on Income lesson →
Related questions