GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zeal Global Services Ltd (NSE:ZEAL) » Definitions » Tax Expense

Zeal Global Services (NSE:ZEAL) Tax Expense : ₹41 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zeal Global Services Tax Expense?

Zeal Global Services's tax expense for the months ended in Mar. 2024 was ₹26 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹41 Mil.


Zeal Global Services Tax Expense Historical Data

The historical data trend for Zeal Global Services'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.

* Premium members only.

Zeal Global Services Tax Expense Chart

Zeal Global Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Tax Expense
4.67 5.90 18.75 34.67 41.04

Zeal Global Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Tax Expense Get a 7-Day Free Trial - 15.51 19.16 15.03 26.01

Zeal Global Services 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹41 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.


Zeal Global Services  (NSE:ZEAL) 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.


Zeal Global Services Tax Expense Related Terms

Thank you for viewing the detailed overview of Zeal Global Services's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Zeal Global Services Business Description

Traded in Other Exchanges
N/A
Address
Street No. 6, A - 261/262, Third Floor, Mahipalpur Extension, New Delhi, IND, 110037
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.

Zeal Global Services Headlines