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Deferred tax from depreciation differences

An asset’s carrying amount in the books is ₹8,00,000 and its tax base (tax written down value) is ₹6,00,000. The tax rate is 25%. What deferred tax balance arises?

A.Deferred tax liability of ₹50,000B.Deferred tax asset of ₹50,000C.Deferred tax liability of ₹2,00,000D.Current tax payable of ₹50,000

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Deferred tax from depreciation differences

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