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snehakhabiya
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Joined: 21 Mar 2008
Location: United States
Online Status: Offline
Posts: 63

Posted: 26 Nov 2009 at 23:57 \| IP Logged

When calculating Deferred taxes, we usually deduct
depreciation and add warranty expense, is that correct?

How do we treat warranty and depreciation while calculating
deferred tax asset/ liability?

I usually get confused and choose the wrong option while
solving mcq's related to warranty costs.

TIA.

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