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Indostar Capital Finance (NSE:INDOSTAR) Tax Expense : ₹110 Mil (TTM As of Sep. 2024)


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What is Indostar Capital Finance Tax Expense?

Indostar Capital Finance's tax expense for the months ended in Sep. 2024 was ₹0 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹110 Mil.


Indostar Capital Finance Tax Expense Historical Data

The historical data trend for Indostar Capital Finance's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Indostar Capital Finance Tax Expense Chart

Indostar Capital Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,120.48 -47.88 -1,598.49 134.84 138.10

Indostar Capital Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 22.20 39.60 48.00 0.20

Indostar Capital Finance Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹110 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Indostar Capital Finance  (NSE:INDOSTAR) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Indostar Capital Finance Tax Expense Related Terms

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Indostar Capital Finance Business Description

Traded in Other Exchanges
Address
Opposite P & G Plaza, Cardinal Gracious Road, Silver Utopia, Third Floor, Unit No 301-A, Chakala, Andheri (E), Mumbai, MH, IND, 400099
Indostar Capital Finance Ltd is a non-banking finance company that operates in various segments, including Large Corporate, SME, Commercial vehicle, and Housing Finance. The majority of its revenue comes from the Commercial vehicles segment, which mainly consists of financing for both used and new vehicles.

Indostar Capital Finance Headlines

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