Accounting Standard on income taxex

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Dhruba (Querist)
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21 December 2008 Dear all

I tried to read the AS on Income Taxes but i can't gain any knowledge except deferred tax asset/liability.

I do not know how to present it in financial statement and for the 1st time application of that AS i do not know how to calculate opening balances so please it would be helpful if anybody make me clear in this matter.

Thrissurkkaran Ishtan

Thrissurkkaran Ishtan (Expert)
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28 August 2010 Can you be specific, what exactly is that you did not understand.

I mean which part of AS you are finding it difficult (please quote para / clause number)