Resident

Private Limited Company Public Limited Company Limited Liability Partnership Section 8 Company One Person Company Nidhi Company

Non-Resident

Liaison Office Branch Office Project Office Subsidiary Company Company Registration in India By Foreigners Global Capability Centre (GCC) in India

Registrations

GST Registration Import Export Code Registration In India Trademark Registration Start-up India Registration MSME Registration FCRA Registration

Regular Compliance

All Compliance Services Secretarial and FEMA Services Goods and Service Tax Direct Tax Services Accounting Services in India Payroll Services Virtual CFO Services

Compliance

ITR Filling Services Increase in Authorized Share Capital Change in Name of Company Strike off a company Appointment of Director Change of Objects

Advisory

ESOP Advisory in India Business Valuation Experts Market Study Legal and Tax Structuring Internal Audit Advisory Due Diligence FEMA Consultant and Advisor Business Deck/Information Memorandum Technical Accounting Advisory

Shareholders Agreement (SHA) Share Subscription Agreement (SSA) Share Purchase Agreement (SPA) Joint Venture Agreements Franchise Agreement Founder Agreement

Valuation

Business Valuation Valuation under Insolvency and Bankruptcy Code (IBC) Portfolio Valuation Valuation of Brands, Intangible Assets & Intellectual Property Fairness Opinion Services Financial Modelling Services | CompaniesNext Merger Valuation & Swap Ratio Valuation of Financial Securities, Instruments & Derivatives Valuation of Infrastructure Assets & Specialized Assets Acquisition Valuation Services Purchase Price Allocation (PPA) Valuation ESOP Valuation Services Startup Valuation Services Impairment Study for Intangible Assets and Goodwill Quick Value DCF Valuation ESOP Valuation

Ask a free Question Get an expert Opinion Find an expert Sign up as Consultant

Blogs Recent News Question and Answers

What is a deferred tax liability?

Question

What is a deferred tax liability?

Expert Answer

Answered 21 Oct 2022

1982 views

The tax liability that a company owes and does not pay at the current point, but is responsible for paying it at some point in the near future is termed deferred tax liability. It is a balance sheet item that accounts for the difference between taxes that are due in the future and the taxes paid today.

The unrealized tax and depreciation are the type of an item that comes under deferred tax liability.

Have a similar question?

Ask a Free Question Get Expert Opinion

Have a Legal Question?

Get free answers from verified legal experts or opt for a paid expert opinion for more detailed guidance.

Talk to a legal expert Ask a Free Question

Ready to Start Your Business Journey?

Download our comprehensive guides to help you understand the business landscape in India and make informed decisions.

Business Setup Guide Compliance Checklist

Have questions? Let's talk! Schedule Free Consultation