Defered tax assets/deferred tax liability

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

10 May 2013 sir i am working in a chartered accountants firm as a paid staff.I am very much confused about passing the entry of deferred tax asset/liability in the books. please guide me how the entry will be passed

Deepak Agrawal

Deepak Agrawal (Expert)
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10 May 2013 http://220.227.161.86/27288asb-as-22.pdf

Please refer the page 413, illustration 1, above link. It is nicely explained in AS-22, "Accounting for Taxes on Income"

Querist : Anonymous

Querist : Anonymous (Querist)

13 May 2013 sir,is it possible to provide me specimen of profit and loss account and balance sheet after passing the entry of D.T.A AND D.T.L

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