EYE OF ACCOUNTING

22 August 2022

what is mean by deferred Liability,assets and income..

please explain me with clear detail explanation where it is shown in financial statement

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5 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14903 Points)
Replied 22 August 2022

Is it Deferred Tax Asset and Deferred Tax liability ?

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prasad Nilugal ( GST Practitioner & Accounts ) (14903 Points)
Replied 22 August 2022

Is it Deferred Tax Asset and Deferred Tax liability ?

1 Like

MPR Sanjay Kumar (3145 Points)
Replied 22 August 2022

Yes yes

prasad Nilugal ( GST Practitioner & Accounts ) (14903 Points)
Replied 22 August 2022

It' is huge topic Can not explain here, so please refer AS 22 and IND AS 12. you will get all details.

MPR Sanjay Kumar (3145 Points)
Replied 22 August 2022

Done sir

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