alleryStart learning →A bonus provision of Rs 2,00,000 is disallowed under Section 43B until paid. At 25 percent tax, the deferred tax asset is:
ARs 50,000
BRs 25,000
CRs 2,00,000
DRs 1,50,000
Answer & Solution
Correct answer: A. Rs 50,000
The deduction reverses on payment, so the asset is 25 percent of Rs 2,00,000, which is Rs 50,000.
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