Deferred entries

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02 October 2012 What is meant by concept deferred entries? Please explain with an example

03 October 2012 In the context of AS 22, deferred entries could be either a creation or a reversal of deferred tax assets/liabilities.

Considering the different possibilities it's advisable to read the AS rather than looking around for examples. Then, check the application.

AS 22 is well explained in the books - MP Vijay Kumar or DS Rawat.




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