Items related to defferd tax

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Dear Experts

                    I want to know that what are the items which are related to deferred tax liability and deferred tax assets..

Vikram singh

AI Summary

Understanding Deferred Tax Liabilities: Differences in Book vs. Taxable Income Explained by Chartered Accountant An individual inquired about items related to deferred tax liabilities and assets. A chartered accountant responded, explaining that these items arise from differences between book income and taxable income, which are reversible in subsequent periods. Examples include differences in depreciation, Section 43B additions, and carry-forward losses. The inquirer expressed gratitude for the clarification.