Mandeep Auto Industries (NSE:MANDEEP) Tax Expense : ₹ Mil (TTM As of Mar. 2023)

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What is Mandeep Auto Industries Tax Expense?

Mandeep Auto Industries's tax expense for the six months ended in Mar. 2023 was ₹3.7 Mil.

Mandeep Auto Industries Tax Expense Historical Data

The historical data trend for Mandeep Auto Industries'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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Mandeep Auto Industries Tax Expense Chart

Mandeep Auto Industries Annual Data

Trend

Mar21

Mar22

Mar23

Tax Expense

1.75

2.27

3.69

Mandeep Auto Industries Semi-Annual Data
	Mar21	Mar22	Mar23
Tax Expense	1.75	2.27	3.69

Mandeep Auto Industries 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.

Mandeep Auto Industries (NSE:MANDEEP) 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.

Mandeep Auto Industries Tax Expense Related Terms

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Mandeep Auto Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mandeep Auto Industries Ltd (NSE:MANDEEP) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Feet Road, Plot No 26, Sector 53, Sarurpur Industrial Area, Nangla Gujran, Faridabad, HR, IND, 121001

Website

https://www.mandeepautoindustries.com

Mandeep Auto Industries Ltd is engaged in the business of manufacturing and supplying sheet metal components, auto parts, and all types of sprocket gears and machined components. The products of the company are used in various industries such as tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry, etc.

Mandeep Auto Industries Headlines

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