Deferred Tax Asset and Liability explanation

Anurag Gupta (Service) (41 Points)

27 April 2021  

According to definition, if Current Tax > Tax Expenses, then it is called Deffered Tax Assets

and if Current Tax < Tax Expenses, then it is called Deferred Tax Liability

So, how if Current Tax is more than Tax Expenses it is called an 'Assets'

and how if Current Tax is less than Tax Expenses it is called a 'Liability'

Please explain...