INCOME TAX EXPENSES
Income tax expenses=current year tax +prior year tax +deferred tax.
Income tax expenses includes the current year tax ,prior year tax(i.e previous year tax that was carried forward) and deferred tax.
Income tax expenses=current year tax +prior year tax +deferred tax.
Income tax expenses includes the current year tax ,prior year tax(i.e previous year tax that was carried forward) and deferred tax.