Deffered tax

Can any one help me with Deffered Tax Assets and Deffered Tax Liability, how it arise?

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Find Vignesh Kuller's Article on the same -deferred tax in simple words

Visit the link https://www.google.com/url?q=/articles/details.asp%3Fmod_id%3D13385&sa=U&ei=dCH8T42GE6qGmQXDvfWFBQ&ved=0CAUQFjAA&client=internal-uds-cse&usg=AFQjCNFtIkdsrLUFZ0WWAilemS5VO3NGTQ

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