IndigoLearn

Forums

AS-22

How will the second yr be deferred tax liability it's asset only know sir

Attachments

b4901289-9117-4369-b2cf-533b3c428952.jpg


SREEABITHA SENTHILKUMAR

SREEABITHA SENTHILKUMAR

CA Inter

295

17-Nov-20 01:19

10

Answers (1)

The amounts shown are cumulative figures - timing diff is + 4 lacs in year 1 and -2 lacs in year 2 = so cumulatively for year 2 the difference i + 2 lacs. Second year it will become an asset if there is opening liability . If opening liability is there it is first adjusted against it


Sriram Somayajula

Sriram Somayajula

Admin

17-Nov-20 07:58

SFM Launch
IL Pass percentages
Tally Free
Quote
Refer
EMI
Lazypay
Past_Exams