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has been a major source of stress in many urban areas, such as northern India.
Income Tax Expense
The cost of income taxes a company incurs, reflecting the taxes to be paid to taxation authorities and adjustments to deferred tax assets or liabilities.
Deferred Tax Assets
The amount of income tax recoverable in future reporting periods in respect of deductible temporary differences and tax losses.
Retained Earnings
The portion of net income that is retained by a company rather than distributed to its shareholders as dividends, which is reinvested into business operations.
Deferred Tax Assets
Financial assets that reduce future tax liability due to temporary differences between the ledger and tax basis of assets and liabilities, or the carryover of unused tax credits/deductions.
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