Deffered taxes when huge losses

hi.......

Can any one let me know how the account for deffered tax liablity when

1. It is a PSU company motive of serivce

2. It is having huge cash losses and it will never get profit as its motive is service

3. So how the deal the same in the audit report.

4. Auditor has to state that the company has complied wid all the accounting stadards u/s 211(3c)

plz help.....

thanks in advance