Solution-How the deferred tax amount in the first year is

How the deferred tax amount in the first year is equal to

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Question 1: Venus Ltd has acquired machinery worth of Rs. 1000 million. The company provides 10% depreciation under straight-line-method of depreciation for preparing Income Statement. For computing tax, it provides 15% depreciation under Written-down-value (WDV) method. If tax rate is 30%, the deferred tax amount in the first year is equal to

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How the deferred tax amount in the first year is equal to

Reference no: EM132566304

Reference no: EM132566304

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