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Question No. 14 A. Hethro (PVT) Ltd purchased a Delivery Van on 31 March 2019 for the cost of Rs 800,000, Company depreciates these Motor

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Question No. 14 A. Hethro (PVT) Ltd purchased a Delivery Van on 31" March 2019 for the cost of Rs 800,000, Company depreciates these Motor vehicles at 25 % and the Capital allowance rate is 20%. Future tax rate is 30% Calculate the Deferred tax Asset/Provision for next 5 years starting from 01" March 2019 and applicable charge or reversal to PL (12 Marks)

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