EYE OF ACCOUNTING

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

please explain me with clear detail explanation where it is shown in financial statement
Replies (5)
Quick Summary
This discussion clarifies the meaning of deferred liabilities, assets, and income within accounting. It specifically addresses whether these relate to Deferred Tax Assets and Deferred Tax Liabilities. For detailed explanations, readers are directed to refer to accounting standards AS 22 and IND AS 12.

Is it  Deferred  Tax  Asset  and   Deferred  Tax  liability ? 

Is it  Deferred  Tax  Asset  and   Deferred  Tax  liability ? 

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

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